https://www.taxtmi.com/caselaws?id=262127 The Tribunal partly allowed the appeal for AY 2006-07 by deleting the addition of Rs. 25 lakhs treated as unexplained cash credit due to insufficient evidence. The issues of Rs. 20,64,529 and Rs. 97,000 were remitted back to the AO for fresh consideration. Additionally, the Tribunal fully allowed the appeal for AY 2003-04 by deleting the addition of Rs. 55,80,000 as share application money. en-us Wed, 29 Jul 2015 00:00:00 +0530 Mon, 03 Aug 2015 11:36:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262127 The Tribunal partly allowed the appeal for AY 2006-07 by deleting the addition of Rs. 25 lakhs treated as unexplained cash credit due to insufficient evidence. The issues of Rs. 20,64,529 and Rs. 97,000 were remitted back to the AO for fresh consideration. Additionally, the Tribunal fully allowed the appeal for AY 2003-04 by deleting the addition of Rs. 55,80,000 as share application money. Case-Laws Income Tax Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262127