https://www.taxtmi.com/caselaws?id=312794 The HC dismissed the revenue's appeal under Section 260A of the Income Tax Act, 1961, affirming the ITAT's decision. The Court found no merit in the substantial questions of law raised concerning the genuineness of transactions and liability assessment under Section 68. The decision was based on precedent and previous judgments, rendering the revenue's appeal unsuccessful. The Court ordered that the affidavit filed in reply be maintained in the record for documentation purposes. en-us Tue, 22 Nov 2022 00:00:00 +0530 Thu, 07 Mar 2024 19:12:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312794 The HC dismissed the revenue's appeal under Section 260A of the Income Tax Act, 1961, affirming the ITAT's decision. The Court found no merit in the substantial questions of law raised concerning the genuineness of transactions and liability assessment under Section 68. The decision was based on precedent and previous judgments, rendering the revenue's appeal unsuccessful. The Court ordered that the affidavit filed in reply be maintained in the record for documentation purposes. Case-Laws Income Tax Tue, 22 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312794