https://www.taxtmi.com/caselaws?id=427430 The ITAT upheld the CIT(A)'s decision to delete additions under Sections 68 and 57 of the Income Tax Act, 1961, as well as the unsecured loan from M/s Time Star Pvt. Ltd. The tribunal found the additional evidence and explanations provided by the assessee satisfactory in establishing the genuineness of the transactions, leading to the dismissal of the revenue's appeal. en-us Tue, 26 Jul 2022 00:00:00 +0530 Fri, 09 Sep 2022 07:02:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427430 The ITAT upheld the CIT(A)'s decision to delete additions under Sections 68 and 57 of the Income Tax Act, 1961, as well as the unsecured loan from M/s Time Star Pvt. Ltd. The tribunal found the additional evidence and explanations provided by the assessee satisfactory in establishing the genuineness of the transactions, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Tue, 26 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427430