https://www.taxtmi.com/caselaws?id=417454 The Tribunal directed the deletion of the addition of Rs. 5,46,21,248/- under Section 68 of the Income Tax Act as unexplained cash credit, recognizing the transactions as genuine and supported by adequate documentation. Additionally, the Tribunal ruled in favor of the assessee regarding the confirmation of an addition of Rs. 1,36,553/- as commission, as the primary issue was resolved in favor of the assessee, leading to the deletion of the consequential commission addition. en-us Mon, 22 Nov 2021 00:00:00 +0530 Mon, 24 Jan 2022 08:50:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417454 The Tribunal directed the deletion of the addition of Rs. 5,46,21,248/- under Section 68 of the Income Tax Act as unexplained cash credit, recognizing the transactions as genuine and supported by adequate documentation. Additionally, the Tribunal ruled in favor of the assessee regarding the confirmation of an addition of Rs. 1,36,553/- as commission, as the primary issue was resolved in favor of the assessee, leading to the deletion of the consequential commission addition. Case-Laws Income Tax Mon, 22 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417454