https://www.taxtmi.com/highlights?id=63504 Addition u/s 68 - genuineness of the credits - Unexplained investment by a partner - The affidavit by the partners (not on record), would only operate as a confirmation from them and, thus, only proves their identity, while, as afore-discussed, both the capacity and the genuineness are highly suspect and, therefore, rightly doubted and found as not satisfactorily explained by the Revenue. - Additions confirmed - AT en-us Tue, 17 May 2022 08:40:29 +0530 Tue, 17 May 2022 08:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63504 Addition u/s 68 - genuineness of the credits - Unexplained investment by a partner - The affidavit by the partners (not on record), would only operate as a confirmation from them and, thus, only proves their identity, while, as afore-discussed, both the capacity and the genuineness are highly suspect and, therefore, rightly doubted and found as not satisfactorily explained by the Revenue. - Additions confirmed - AT Highlights Income Tax Tue, 17 May 2022 08:40:29 +0530 https://www.taxtmi.com/highlights?id=63504