https://www.taxtmi.com/caselaws?id=247881 The Appellate Tribunal dismissed the Revenue's appeal, emphasizing the invalidity of reassessment proceedings and subsequent actions based on legal precedents. The Tribunal highlighted errors in the Ld. CIT(A)'s order regarding unexplained cash credits under section 68 of the Income Tax Act, 1961. Additionally, procedural issues arose regarding the disposal of appeals by the Tribunal, leading to the dismissal of the Revenue's appeal due to discrepancies in factual recordings and the focus on the invalidity of reassessment proceedings. en-us Mon, 05 May 2014 00:00:00 +0530 Mon, 26 May 2014 13:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247881 The Appellate Tribunal dismissed the Revenue's appeal, emphasizing the invalidity of reassessment proceedings and subsequent actions based on legal precedents. The Tribunal highlighted errors in the Ld. CIT(A)'s order regarding unexplained cash credits under section 68 of the Income Tax Act, 1961. Additionally, procedural issues arose regarding the disposal of appeals by the Tribunal, leading to the dismissal of the Revenue's appeal due to discrepancies in factual recordings and the focus on the invalidity of reassessment proceedings. Case-Laws Income Tax Mon, 05 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247881