https://www.taxtmi.com/caselaws?id=220028 The Tribunal partially upheld the Assessing Officer's addition of Rs.20,00,000 as unexplained cash credit but reduced the addition under Section 68 of the I.T. Act to Rs.1,22,545. The Tribunal confirmed some deletions of additions while directing further verification for others, including unproved bank charges and commission and unproved claim of bills discounting charges. The Revenue's appeal was partly allowed, and the assessee's cross-objection was also partly allowed. en-us Fri, 13 Jul 2012 00:00:00 +0530 Mon, 15 Oct 2012 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220028 The Tribunal partially upheld the Assessing Officer's addition of Rs.20,00,000 as unexplained cash credit but reduced the addition under Section 68 of the I.T. Act to Rs.1,22,545. The Tribunal confirmed some deletions of additions while directing further verification for others, including unproved bank charges and commission and unproved claim of bills discounting charges. The Revenue's appeal was partly allowed, and the assessee's cross-objection was also partly allowed. Case-Laws Income Tax Fri, 13 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220028