The assessee has failed to prove the transaction to be genuine ...

Additions Confirmed u/s 68 Due to Assessee's Failure to Prove Transaction Authenticity and Creditors' Loan Capacity.

June 2, 2016

Case Laws Income Tax AT

The assessee has failed to prove the transaction to be genuine and also failed to establish the capacity of the creditors to advance loan to the assessee. - Additions u/s 68 confirmed - AT

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The assessee has failed to prove the transaction to be genuine ...

Additions Confirmed u/s 68 Due to Assessee's Failure to Prove Transaction Authenticity and Creditors' Loan Capacity.

June 2, 2016

Case Laws Income Tax AT

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