https://www.taxtmi.com/caselaws?id=302090 The ITAT upheld the CIT(A)'s decision to delete additions made by the AO under section 68 for unexplained cash credits and unexplained cash deposits, as well as the set off of losses against income assessed under various heads. The ITAT affirmed the genuineness of transactions involving Basant Marketing Pvt. Ltd., stating that the creditworthiness was not in doubt. The revenue's appeals were dismissed, and the order was pronounced on 14.10.2019. en-us Mon, 14 Oct 2019 00:00:00 +0530 Wed, 04 May 2022 20:56:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302090 The ITAT upheld the CIT(A)'s decision to delete additions made by the AO under section 68 for unexplained cash credits and unexplained cash deposits, as well as the set off of losses against income assessed under various heads. The ITAT affirmed the genuineness of transactions involving Basant Marketing Pvt. Ltd., stating that the creditworthiness was not in doubt. The revenue's appeals were dismissed, and the order was pronounced on 14.10.2019. Case-Laws Income Tax Mon, 14 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302090