https://www.taxtmi.com/caselaws?id=301020 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s deletion of the additions and disallowances. The assessee provided evidence establishing the genuineness of the credit entries and loans, which the AO failed to disprove. The Tribunal emphasized the lack of concrete evidence supporting the Revenue's allegations, leading to the decision in favor of the assessee. en-us Wed, 04 Apr 2012 00:00:00 +0530 Tue, 08 Mar 2022 12:52:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301020 The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s deletion of the additions and disallowances. The assessee provided evidence establishing the genuineness of the credit entries and loans, which the AO failed to disprove. The Tribunal emphasized the lack of concrete evidence supporting the Revenue's allegations, leading to the decision in favor of the assessee. Case-Laws Income Tax Wed, 04 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301020