https://www.taxtmi.com/caselaws?id=429091 The Tribunal upheld the CIT(A)'s decision to delete the additions made by the AO under Sections 68 and 69C of the IT Act. The Tribunal found that the AO's additions lacked corroborative evidence and were based on suspicion, while the assessee provided substantial documentary evidence to support the genuineness of the transactions. Consequently, the revenue's appeals were dismissed. en-us Mon, 26 Sep 2022 00:00:00 +0530 Tue, 18 Oct 2022 08:51:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429091 The Tribunal upheld the CIT(A)'s decision to delete the additions made by the AO under Sections 68 and 69C of the IT Act. The Tribunal found that the AO's additions lacked corroborative evidence and were based on suspicion, while the assessee provided substantial documentary evidence to support the genuineness of the transactions. Consequently, the revenue's appeals were dismissed. Case-Laws Income Tax Mon, 26 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429091