https://www.taxtmi.com/caselaws?id=235884 The Tribunal upheld the CIT(A)'s decision to delete additions on account of unexplained cash credit and profit from the sale of a terrace, criticizing the AO's lack of credible evidence. However, the Tribunal remanded the issue of unexplained investment back to the AO for further investigation, directing the assessee to provide additional evidence. The appeals of the Revenue were partly allowed for statistical purposes, with specific issues remanded back for further investigation, while others were dismissed based on the CIT(A)'s findings and the Tribunal's agreement. en-us Fri, 24 May 2013 00:00:00 +0530 Wed, 07 Aug 2013 19:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235884 The Tribunal upheld the CIT(A)'s decision to delete additions on account of unexplained cash credit and profit from the sale of a terrace, criticizing the AO's lack of credible evidence. However, the Tribunal remanded the issue of unexplained investment back to the AO for further investigation, directing the assessee to provide additional evidence. The appeals of the Revenue were partly allowed for statistical purposes, with specific issues remanded back for further investigation, while others were dismissed based on the CIT(A)'s findings and the Tribunal's agreement. Case-Laws Income Tax Fri, 24 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235884