https://www.taxtmi.com/caselaws?id=308193 The Tribunal upheld the additions made by the Assessing Officer under various sections of the Income-tax Act, 1961, including Section 68 for unproven identity of share capital contributors and Section 14A disallowance. The Tribunal emphasized the necessity of credible evidence to substantiate transactions and expenditure, ultimately dismissing the assessee's appeals and affirming the Assessing Officer's decisions. en-us Wed, 29 Jan 2020 00:00:00 +0530 Tue, 06 Jun 2023 20:48:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308193 The Tribunal upheld the additions made by the Assessing Officer under various sections of the Income-tax Act, 1961, including Section 68 for unproven identity of share capital contributors and Section 14A disallowance. The Tribunal emphasized the necessity of credible evidence to substantiate transactions and expenditure, ultimately dismissing the assessee's appeals and affirming the Assessing Officer's decisions. Case-Laws Income Tax Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308193