https://www.taxtmi.com/caselaws?id=780150 ITAT, Delhi (AT) allowed the appeal of the assessee against addition under s. 68 for alleged bogus share capital. The tribunal held the investments were routed through banking channels and the AO/Revenue failed to produce documentary evidence disproving the genuineness of the bank transactions. In absence of supporting evidence from Revenue, the addition was not sustained and the appeal was decided in favour of the assessee. en-us Wed, 08 Oct 2025 00:00:00 +0530 Fri, 24 Oct 2025 09:18:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780150 ITAT, Delhi (AT) allowed the appeal of the assessee against addition under s. 68 for alleged bogus share capital. The tribunal held the investments were routed through banking channels and the AO/Revenue failed to produce documentary evidence disproving the genuineness of the bank transactions. In absence of supporting evidence from Revenue, the addition was not sustained and the appeal was decided in favour of the assessee. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780150