https://www.taxtmi.com/caselaws?id=426387 The Tribunal ruled in favor of the assessee, allowing their appeal against the addition of unexplained cash credit. The Tribunal dismissed the Revenue's appeal, upholding the deletion of the addition by CIT(A) based on the proven existence of M/s Abhinav Cooperative Group Housing Society. The judgment emphasized the significance of providing concrete evidence to support claims and the necessity of thoroughly examining factual assertions in tax assessments. en-us Fri, 12 Aug 2022 00:00:00 +0530 Tue, 16 Aug 2022 09:05:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426387 The Tribunal ruled in favor of the assessee, allowing their appeal against the addition of unexplained cash credit. The Tribunal dismissed the Revenue's appeal, upholding the deletion of the addition by CIT(A) based on the proven existence of M/s Abhinav Cooperative Group Housing Society. The judgment emphasized the significance of providing concrete evidence to support claims and the necessity of thoroughly examining factual assertions in tax assessments. Case-Laws Income Tax Fri, 12 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426387