https://www.taxtmi.com/caselaws?id=63189 The Tribunal upheld the validity of the reassessment proceedings but directed the AO to re-examine the addition of Rs. 64,800 as unexplained cash credits, allowing the assessee an opportunity to prove the amounts were from earlier years. The disallowance of interest on the cash credits was implicitly upheld. en-us Wed, 21 Oct 1992 00:00:00 +0530 Fri, 28 Jan 2011 13:09:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63189 The Tribunal upheld the validity of the reassessment proceedings but directed the AO to re-examine the addition of Rs. 64,800 as unexplained cash credits, allowing the assessee an opportunity to prove the amounts were from earlier years. The disallowance of interest on the cash credits was implicitly upheld. Case-Laws Income Tax Wed, 21 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63189