https://www.taxtmi.com/caselaws?id=752180 Delhi HC dismissed Revenue's appeal against ITAT order deleting additions under sections 68 and 69. ITAT found CIT(A) properly verified identity, genuineness and creditworthiness of share capital subscriptions with confirmations, addresses, cheque numbers and PAN details. For unexplained investments in properties and other assets, ITAT concluded additions were made on presumptive basis without supporting evidence. HC held ITAT correctly examined facts and no substantial question of law arose, as proposed questions related only to factual findings which were not perverse. en-us Thu, 02 May 2024 00:00:00 +0530 Thu, 29 Aug 2024 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752180 Delhi HC dismissed Revenue's appeal against ITAT order deleting additions under sections 68 and 69. ITAT found CIT(A) properly verified identity, genuineness and creditworthiness of share capital subscriptions with confirmations, addresses, cheque numbers and PAN details. For unexplained investments in properties and other assets, ITAT concluded additions were made on presumptive basis without supporting evidence. HC held ITAT correctly examined facts and no substantial question of law arose, as proposed questions related only to factual findings which were not perverse. Case-Laws Income Tax Thu, 02 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752180