https://www.taxtmi.com/caselaws?id=181204 The department's appeal was partly allowed by the Tribunal. The addition of Rs. 62,100 in interest income was restored, as the Tribunal held that the reduction in interest rate after the accounting year did not meet the conditions for non-taxability. However, the Tribunal upheld the CIT(A)'s decision to restore the matter of the Rs. 3 lakhs cash credits for further enquiry, criticizing the AO for insufficient investigations. en-us Mon, 31 Aug 1998 00:00:00 +0530 Sat, 09 Apr 2016 13:18:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181204 The department's appeal was partly allowed by the Tribunal. The addition of Rs. 62,100 in interest income was restored, as the Tribunal held that the reduction in interest rate after the accounting year did not meet the conditions for non-taxability. However, the Tribunal upheld the CIT(A)'s decision to restore the matter of the Rs. 3 lakhs cash credits for further enquiry, criticizing the AO for insufficient investigations. Case-Laws Income Tax Mon, 31 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181204