https://www.taxtmi.com/caselaws?id=422624 The Tribunal upheld the CIT(A)'s order, finding no merit in the Revenue's appeal against the deletion of an addition made under Section 68 of the Income Tax Act. The Tribunal concluded that the Revenue failed to disprove the genuineness of the transactions, and the addition did not meet the statutory criteria. As a result, the appeal by the Revenue was dismissed. en-us Wed, 27 Apr 2022 00:00:00 +0530 Thu, 19 May 2022 08:31:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422624 The Tribunal upheld the CIT(A)'s order, finding no merit in the Revenue's appeal against the deletion of an addition made under Section 68 of the Income Tax Act. The Tribunal concluded that the Revenue failed to disprove the genuineness of the transactions, and the addition did not meet the statutory criteria. As a result, the appeal by the Revenue was dismissed. Case-Laws Income Tax Wed, 27 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422624