https://www.taxtmi.com/caselaws?id=414187 The Tribunal ruled in favor of the assessee, concluding that the purchases from M/s Khushal Trading Corporation were genuine. The Tribunal emphasized the significance of factual evidence and credibility established through documentation and official records, leading to the deletion of the addition of Rs. 42,75,000 under section 68 of the Income Tax Act, 1961. en-us Fri, 03 Sep 2021 00:00:00 +0530 Sat, 30 Oct 2021 15:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414187 The Tribunal ruled in favor of the assessee, concluding that the purchases from M/s Khushal Trading Corporation were genuine. The Tribunal emphasized the significance of factual evidence and credibility established through documentation and official records, leading to the deletion of the addition of Rs. 42,75,000 under section 68 of the Income Tax Act, 1961. Case-Laws Income Tax Fri, 03 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414187