Genuineness & Veracity Of Party Can't Be Doubted To Make Addition U/s 69 Merely Because Rent Was Received In Cash: Delhi ITAT

While deleting the addition on account of unexplained investment, the New Delhi ITAT clarified that genuineness and veracity of the party cannot be doubted merely because the cold storage rent was...

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Namisha Gupta ,Challa Nagendra Prasad ,Rakesh Jain Group ,Judicial Member ,Accountant Member ,Assessing Officer ,New Delhi Itat ,Investment ,Assessee ,Ection 69 Of The Income Tax Act ,Gst Registration ,Cash ,