Tax Court Overturns Unexplained Cash Credit Additions Due to Ignored Evidence on Investor Identity and Transaction Genuineness.

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....Unexplained cash credit - share application money received from the group companies - In the instant case before us assessee has furnished all the evidences proving identity and creditworthiness of the investors and genuineness of the transactions but AO has not commented on these evidences filed by the assessee. - Additions deleted - AT....