https://www.taxtmi.com/caselaws?id=181400 The Tribunal allowed both appeals for the assessment years 2004-05 and 2005-06. It directed the remuneration received by the assessee to be treated as business income, overturning the classification as salary by the AO and CIT(A). Additionally, the Tribunal deleted the addition of unexplained cash credits under Section 68, accepting the genuineness of the transactions supported by documentary evidence, contrary to the AO and CIT(A)'s findings. en-us Fri, 07 Jan 2011 00:00:00 +0530 Sat, 16 Apr 2016 11:18:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181400 The Tribunal allowed both appeals for the assessment years 2004-05 and 2005-06. It directed the remuneration received by the assessee to be treated as business income, overturning the classification as salary by the AO and CIT(A). Additionally, the Tribunal deleted the addition of unexplained cash credits under Section 68, accepting the genuineness of the transactions supported by documentary evidence, contrary to the AO and CIT(A)'s findings. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181400