https://www.taxtmi.com/caselaws?id=436550 The Income Tax Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)' decision to delete the addition of Rs. 2.25 crores under Section 68 of the Income Tax Act, as the assessee successfully proved the genuineness of the transactions. Additionally, the Tribunal allowed the interest expenses of Rs. 3,10,356/-, dismissing the Revenue's appeal and confirming the CIT(A)'s order. en-us Wed, 12 Apr 2023 00:00:00 +0530 Sat, 15 Apr 2023 08:52:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436550 The Income Tax Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)' decision to delete the addition of Rs. 2.25 crores under Section 68 of the Income Tax Act, as the assessee successfully proved the genuineness of the transactions. Additionally, the Tribunal allowed the interest expenses of Rs. 3,10,356/-, dismissing the Revenue's appeal and confirming the CIT(A)'s order. Case-Laws Income Tax Wed, 12 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436550