https://www.taxtmi.com/caselaws?id=213940 The High Court of Kerala upheld the assessment of unexplained cash credits as unaccounted income and assets in the hands of the assessee, a partner in a jewellery business. The Court found that the assessee failed to prove the creditworthiness, genuineness, and capacity of the alleged donors of the cash credits. As no substantial question of law was identified, the appeal challenging the assessment was dismissed due to the lack of credible evidence provided by the assessee. en-us Wed, 29 Feb 2012 00:00:00 +0530 Wed, 13 Jun 2012 09:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213940 The High Court of Kerala upheld the assessment of unexplained cash credits as unaccounted income and assets in the hands of the assessee, a partner in a jewellery business. The Court found that the assessee failed to prove the creditworthiness, genuineness, and capacity of the alleged donors of the cash credits. As no substantial question of law was identified, the appeal challenging the assessment was dismissed due to the lack of credible evidence provided by the assessee. Case-Laws Income Tax Wed, 29 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213940