https://www.taxtmi.com/caselaws?id=70616 The ITAT Madras-D dismissed the Revenue's appeal against the deletion of cash credits and interest on cash credits as income of the assessee by the CIT(A). The CIT found the credits to be genuine as the creditors were non-residents with assessed income in India. The Revenue failed to provide evidence contradicting the CIT's findings. The appeal and cross objection were both dismissed. en-us Thu, 05 Jul 1984 00:00:00 +0530 Mon, 18 Apr 2011 11:32:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70616 The ITAT Madras-D dismissed the Revenue's appeal against the deletion of cash credits and interest on cash credits as income of the assessee by the CIT(A). The CIT found the credits to be genuine as the creditors were non-residents with assessed income in India. The Revenue failed to provide evidence contradicting the CIT's findings. The appeal and cross objection were both dismissed. Case-Laws Income Tax Thu, 05 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70616