https://www.taxtmi.com/caselaws?id=426842 The Tribunal upheld the additions made by the Assessing Officer, dismissing the appeal due to the appellant's failure to substantiate transactions and provide evidence of legitimacy. The decision emphasized the importance of meeting the burden of proof to demonstrate transaction genuineness and credibility, preventing additions of undisclosed income. en-us Wed, 24 Aug 2022 00:00:00 +0530 Fri, 26 Aug 2022 08:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426842 The Tribunal upheld the additions made by the Assessing Officer, dismissing the appeal due to the appellant's failure to substantiate transactions and provide evidence of legitimacy. The decision emphasized the importance of meeting the burden of proof to demonstrate transaction genuineness and credibility, preventing additions of undisclosed income. Case-Laws Income Tax Wed, 24 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426842