Dismissing the appeal of the revenue the Tribunal held that the assessee has established genuineness and creditworthiness of transaction, deletion of addition was held to be justified. (AY. 2011-12)
Dy.CIT v. MPS Infotecnics Pvt. Ltd. (2021) 86 ITR 141 / 211 TTJ 230 / 201 DTR 209 (Delhi)(Trib.)
S. 68 : Cash credits-Convertible warrants-Receipts of money over three years-Genuineness of and creditworthiness of transaction was established-Deletion of addition was justified.