https://www.taxtmi.com/caselaws?id=417519 The ITAT allowed the appeal filed by the assessee, directing the deletion of additions made by the AO under Section 68 concerning share application money and loans. The ITAT found that the assessee provided sufficient documentary evidence to establish the genuineness and creditworthiness of the transactions, leading to the decision in favor of the assessee. The appeal outcome was announced in open court on 18/11/2021. en-us Thu, 18 Nov 2021 00:00:00 +0530 Mon, 24 Jan 2022 11:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417519 The ITAT allowed the appeal filed by the assessee, directing the deletion of additions made by the AO under Section 68 concerning share application money and loans. The ITAT found that the assessee provided sufficient documentary evidence to establish the genuineness and creditworthiness of the transactions, leading to the decision in favor of the assessee. The appeal outcome was announced in open court on 18/11/2021. Case-Laws Income Tax Thu, 18 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417519