https://www.taxtmi.com/caselaws?id=212001 A protective addition in block assessment cannot be deleted without first considering whether the corresponding substantive addition survives in the related regular assessment appeal. Relief under section 68 also requires recorded factual findings on the nature and genuineness of the credits; mere reliance on bank entries is insufficient. On these principles, the Tribunal's deletion of both additions was found unsustainable, and the matter was remanded for fresh adjudication after examining the regular assessment outcome and making proper factual findings on the credits. en-us Thu, 03 Mar 2011 00:00:00 +0530 Wed, 11 Apr 2012 09:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212001 A protective addition in block assessment cannot be deleted without first considering whether the corresponding substantive addition survives in the related regular assessment appeal. Relief under section 68 also requires recorded factual findings on the nature and genuineness of the credits; mere reliance on bank entries is insufficient. On these principles, the Tribunal's deletion of both additions was found unsustainable, and the matter was remanded for fresh adjudication after examining the regular assessment outcome and making proper factual findings on the credits. Case-Laws Income Tax Thu, 03 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212001