Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2019 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (7) TMI 1097 - HC - Income TaxUnexplained cash credit u/s 68 - Addition of bogus expenses - identity, genuineness and creditworthiness of the unsecured loan lender parties not proved by the assessee to he satisfaction of the AO - HELD THAT:- Having gone through the materials on record, we are of the opinion that both the two questions as proposed by the Revenue cannot be termed as substantial questions of law involved in the present Tax Appeal. The Tribunal has concurred with the findings of fact recorded by the CIT (A). We do not find any perversity in the findings of fact recorded by the two Revenue authorities. - Appeal fails and is hereby dismissed
|