https://www.taxtmi.com/caselaws?id=208805 The High Court dismissed the Revenue's appeal challenging the Tribunal's decision to allow the cash credit claimed by the assessee under s. 68 of the IT Act. The Court upheld the Tribunal's ruling to delete the addition of the cash credit amount of Rs. 24,86,866, emphasizing the need for proper evaluation of evidence. The Court found no substantial question of law warranting interference and concluded that the Tribunal's decision was justified based on the evidence presented. en-us Wed, 20 Oct 2010 00:00:00 +0530 Tue, 17 Jan 2012 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208805 The High Court dismissed the Revenue's appeal challenging the Tribunal's decision to allow the cash credit claimed by the assessee under s. 68 of the IT Act. The Court upheld the Tribunal's ruling to delete the addition of the cash credit amount of Rs. 24,86,866, emphasizing the need for proper evaluation of evidence. The Court found no substantial question of law warranting interference and concluded that the Tribunal's decision was justified based on the evidence presented. Case-Laws Income Tax Wed, 20 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208805