https://www.taxtmi.com/caselaws?id=433572 The ITAT Delhi upheld the ld. CIT(A)'s decision to delete the addition under section 2(22)(e) of the Income-tax Act, 1961, emphasizing the genuine business nature of the transaction and the supporting evidence provided by the assessee. The order was pronounced on 01.02.2023, dismissing both the Revenue's appeal and the assessee's cross objections. en-us Wed, 01 Feb 2023 00:00:00 +0530 Fri, 03 Feb 2023 06:32:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433572 The ITAT Delhi upheld the ld. CIT(A)'s decision to delete the addition under section 2(22)(e) of the Income-tax Act, 1961, emphasizing the genuine business nature of the transaction and the supporting evidence provided by the assessee. The order was pronounced on 01.02.2023, dismissing both the Revenue's appeal and the assessee's cross objections. Case-Laws Income Tax Wed, 01 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433572