https://www.taxtmi.com/caselaws?id=422464 The Tribunal upheld the CIT(A)'s decision to sustain the addition of Rs. 20,70,000/- under Section 68 of the Income Tax Act as unexplained cash credits. The assessee's appeal was dismissed entirely, with the Tribunal emphasizing the failure to provide adequate evidence to substantiate the authenticity of the loan transactions. en-us Wed, 30 Mar 2022 00:00:00 +0530 Mon, 16 May 2022 08:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422464 The Tribunal upheld the CIT(A)'s decision to sustain the addition of Rs. 20,70,000/- under Section 68 of the Income Tax Act as unexplained cash credits. The assessee's appeal was dismissed entirely, with the Tribunal emphasizing the failure to provide adequate evidence to substantiate the authenticity of the loan transactions. Case-Laws Income Tax Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422464