https://www.taxtmi.com/caselaws?id=423571 The Tribunal dismissed the Revenue's appeal, affirming the Ld. CIT(A)'s decision to delete additions on account of unverifiable purchases and unexplained cash credits. The Tribunal found that the Ld. CIT(A)'s decision was well-supported by evidence, including certificates from customs and the Joint Director of General Foreign Trade, verifying the transactions. The Tribunal emphasized the importance of providing the assessee with evidence used against them, which the AO failed to do in this case. en-us Fri, 03 Jun 2022 00:00:00 +0530 Thu, 09 Jun 2022 08:17:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423571 The Tribunal dismissed the Revenue's appeal, affirming the Ld. CIT(A)'s decision to delete additions on account of unverifiable purchases and unexplained cash credits. The Tribunal found that the Ld. CIT(A)'s decision was well-supported by evidence, including certificates from customs and the Joint Director of General Foreign Trade, verifying the transactions. The Tribunal emphasized the importance of providing the assessee with evidence used against them, which the AO failed to do in this case. Case-Laws Income Tax Fri, 03 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423571