https://www.taxtmi.com/caselaws?id=62449 The Tribunal upheld the earlier decision, ruling that unproved cash credits were not to be considered income from undisclosed sources. The Tribunal emphasized the importance of following its clear directions and ensuring proper discharge of the burden of proof by the assessee under the IT Act. The Tribunal found the explanation provided by the assessee regarding the cash credits satisfactory and rejected the application, stating that the findings were based on factual assessments. en-us Tue, 25 Jul 1978 00:00:00 +0530 Wed, 19 Jan 2011 18:46:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62449 The Tribunal upheld the earlier decision, ruling that unproved cash credits were not to be considered income from undisclosed sources. The Tribunal emphasized the importance of following its clear directions and ensuring proper discharge of the burden of proof by the assessee under the IT Act. The Tribunal found the explanation provided by the assessee regarding the cash credits satisfactory and rejected the application, stating that the findings were based on factual assessments. Case-Laws Income Tax Tue, 25 Jul 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62449