https://www.taxtmi.com/caselaws?id=210722 The Tribunal rejected the challenge to the validity of reassessment proceedings and upheld the addition of Rs. 8,97,950 as unexplained cash credit. However, the issue of adding Rs. 1,35,00,000 as unexplained credit was remanded for fresh adjudication by the Commissioner of Income-tax (Appeals). The appeal was partly allowed in this regard. en-us Fri, 17 Jul 2009 00:00:00 +0530 Sat, 01 Jun 2013 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210722 The Tribunal rejected the challenge to the validity of reassessment proceedings and upheld the addition of Rs. 8,97,950 as unexplained cash credit. However, the issue of adding Rs. 1,35,00,000 as unexplained credit was remanded for fresh adjudication by the Commissioner of Income-tax (Appeals). The appeal was partly allowed in this regard. Case-Laws Income Tax Fri, 17 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210722