https://www.taxtmi.com/highlights?id=72220 Addition u/s 68 - Unexplained sundry creditors - CIT(A) deleted the additions - if we presume that the basis adopted by the CIT(A) is correct then also the nature and source of making an investment in the share capital of CMHPL by the assessee remains unexplained when no payments have been made to the stated 71 sundry creditors =- Tribunal restored the additions - AT en-us Tue, 26 Sep 2023 15:37:28 +0530 Tue, 26 Sep 2023 15:37:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72220 Addition u/s 68 - Unexplained sundry creditors - CIT(A) deleted the additions - if we presume that the basis adopted by the CIT(A) is correct then also the nature and source of making an investment in the share capital of CMHPL by the assessee remains unexplained when no payments have been made to the stated 71 sundry creditors =- Tribunal restored the additions - AT Highlights Income Tax Tue, 26 Sep 2023 15:37:28 +0530 https://www.taxtmi.com/highlights?id=72220