https://www.taxtmi.com/caselaws?id=68139 The Tribunal found that the creditworthiness of all creditors was satisfactorily proved, leading to the deletion of the addition of Rs. 95,000 on account of three cash credits and Rs. 60,000 on account of two other cash credits. The Tribunal emphasized that statements not subjected to cross-examination could not be relied upon. The issue of the Rs. 55,000 cash credit was remitted for re-examination. The assessee's appeal was allowed, and the Revenue's appeal was dismissed. en-us Wed, 12 Oct 1994 00:00:00 +0530 Wed, 16 Mar 2011 18:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68139 The Tribunal found that the creditworthiness of all creditors was satisfactorily proved, leading to the deletion of the addition of Rs. 95,000 on account of three cash credits and Rs. 60,000 on account of two other cash credits. The Tribunal emphasized that statements not subjected to cross-examination could not be relied upon. The issue of the Rs. 55,000 cash credit was remitted for re-examination. The assessee's appeal was allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 12 Oct 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68139