https://www.taxtmi.com/caselaws?id=71112 The Appellate Tribunal upheld the decision of the Appellate Assistant Commissioner to delete the addition of Rs. 53,590 to the assessee's income from undisclosed sources. The Tribunal found that the assessee had provided sufficient evidence to prove the genuineness of the cash credits in her account books by producing confirmatory letters from income tax assessees who were the creditors. It was noted that the Income Tax Officer failed to summon the creditors for verification despite their established tax status, leading to the burden shifting to the department to prove the credits' fictitious nature, which they failed to do. en-us Mon, 15 Nov 1976 00:00:00 +0530 Thu, 21 Apr 2011 13:51:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71112 The Appellate Tribunal upheld the decision of the Appellate Assistant Commissioner to delete the addition of Rs. 53,590 to the assessee's income from undisclosed sources. The Tribunal found that the assessee had provided sufficient evidence to prove the genuineness of the cash credits in her account books by producing confirmatory letters from income tax assessees who were the creditors. It was noted that the Income Tax Officer failed to summon the creditors for verification despite their established tax status, leading to the burden shifting to the department to prove the credits' fictitious nature, which they failed to do. Case-Laws Income Tax Mon, 15 Nov 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71112