https://www.taxtmi.com/caselaws?id=431316 The Tribunal dismissed all six appeals filed by the appellant for the assessment years 2007-08 to 2012-13, upholding the additions made towards unexplained cash credit under Section 69A, validating the re-assessment proceedings under Section 148, and justifying the interest charged under Sections 234A/B. The Tribunal emphasized the appellant's failure to discharge the onus of proving the genuineness of transactions and the principle that fraud vitiates everything, rendering the transactions void ab initio. en-us Tue, 22 Nov 2022 00:00:00 +0530 Sat, 10 Dec 2022 00:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431316 The Tribunal dismissed all six appeals filed by the appellant for the assessment years 2007-08 to 2012-13, upholding the additions made towards unexplained cash credit under Section 69A, validating the re-assessment proceedings under Section 148, and justifying the interest charged under Sections 234A/B. The Tribunal emphasized the appellant's failure to discharge the onus of proving the genuineness of transactions and the principle that fraud vitiates everything, rendering the transactions void ab initio. Case-Laws Income Tax Tue, 22 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431316