https://www.taxtmi.com/caselaws?id=258866 The Accountant Member agreed with the CIT(A) and held that the addition under Section 68 was not sustainable. It was concluded that the sundry creditors were genuine trade liabilities and not unexplained cash credits. The Tribunal confirmed the deletion of the addition, dismissing the Revenue's appeal. en-us Fri, 25 Apr 2014 00:00:00 +0530 Tue, 21 Apr 2015 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258866 The Accountant Member agreed with the CIT(A) and held that the addition under Section 68 was not sustainable. It was concluded that the sundry creditors were genuine trade liabilities and not unexplained cash credits. The Tribunal confirmed the deletion of the addition, dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258866