https://www.taxtmi.com/caselaws?id=298442 The appeal of the assessee was dismissed by the Hon'ble Calcutta High Court, upholding the decision of the Lower Court. The Court emphasized the failure of the assessee to provide sufficient evidence to prove the genuineness of credits and expenses incurred on creditors. The burden of proof rested on the assessee, who failed to produce documentary evidence or confirmations, resulting in the dismissal of the appeal. The orders of the authorities below were upheld, and no interference was deemed necessary in the matter. en-us Wed, 06 Feb 2019 00:00:00 +0530 Tue, 02 Nov 2021 09:26:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298442 The appeal of the assessee was dismissed by the Hon'ble Calcutta High Court, upholding the decision of the Lower Court. The Court emphasized the failure of the assessee to provide sufficient evidence to prove the genuineness of credits and expenses incurred on creditors. The burden of proof rested on the assessee, who failed to produce documentary evidence or confirmations, resulting in the dismissal of the appeal. The orders of the authorities below were upheld, and no interference was deemed necessary in the matter. Case-Laws Income Tax Wed, 06 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298442