https://www.taxtmi.com/caselaws?id=218821 The Tribunal upheld the addition of Rs. 1,70,000/- under section 68 of the Income Tax Act for unexplained cash credits. The failure to produce guardians and explain cash deposits resulted in the confirmation of the addition by the CIT(A) and the subsequent dismissal of the appeal by the Tribunal. en-us Fri, 13 Jan 2012 00:00:00 +0530 Tue, 27 Nov 2012 08:19:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218821 The Tribunal upheld the addition of Rs. 1,70,000/- under section 68 of the Income Tax Act for unexplained cash credits. The failure to produce guardians and explain cash deposits resulted in the confirmation of the addition by the CIT(A) and the subsequent dismissal of the appeal by the Tribunal. Case-Laws Income Tax Fri, 13 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218821