https://www.taxtmi.com/caselaws?id=181554 The appeal was partly allowed for statistical purposes. The issue of unexplained cash credit u/s 68 was remanded for fresh consideration due to insufficient findings and lack of nexus between loans. The disallowance of additional depreciation u/s 32(l)(iia) was upheld based on consistent tribunal rulings, rejecting the revenue's appeal on this matter. en-us Fri, 12 Aug 2011 00:00:00 +0530 Tue, 19 Apr 2016 18:02:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181554 The appeal was partly allowed for statistical purposes. The issue of unexplained cash credit u/s 68 was remanded for fresh consideration due to insufficient findings and lack of nexus between loans. The disallowance of additional depreciation u/s 32(l)(iia) was upheld based on consistent tribunal rulings, rejecting the revenue's appeal on this matter. Case-Laws Income Tax Fri, 12 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181554