https://www.taxtmi.com/caselaws?id=305724 The Tribunal allowed the Revenue's appeal, reinstating the additions of Rs. 2,65,00,000/- under Section 68 and Rs. 1,32,500/- for commission. The Tribunal held that the assessee failed to establish the necessary criteria of identity, creditworthiness, and genuineness of the transactions, in line with the principles set out by the Supreme Court. en-us Tue, 09 Apr 2019 00:00:00 +0530 Thu, 22 Dec 2022 08:45:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305724 The Tribunal allowed the Revenue's appeal, reinstating the additions of Rs. 2,65,00,000/- under Section 68 and Rs. 1,32,500/- for commission. The Tribunal held that the assessee failed to establish the necessary criteria of identity, creditworthiness, and genuineness of the transactions, in line with the principles set out by the Supreme Court. Case-Laws Income Tax Tue, 09 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305724