PCIT v. Karnavati Merchandize Pvt. Ltd. (2024) 462 ITR 178 (Guj)(HC)

S. 68 : Cash credits-Proved genuineness of transactions-Order of Tribunal deleting the addition is affirmed. [S. 260A]

Held the assessee has proved the, genuineness of transactions   by filing copy of Income-tax returns, audit report, balance sheet etc. Having essentially therefore arrived at such findings based on facts, no substantial question of law, much less any substantial question of law arose..(AY.2014-15)