https://www.taxtmi.com/highlights?id=29131 Cash Credit - The provisions of the section 28 (iv) can be invoked if the benefit or perquisite is not in form of cash. It cannot be said that the loan received by the assessee could be termed as benefit/perquisite. No justification in invoking the provisions of section 68 - AT en-us Wed, 11 May 2016 10:42:50 +0530 Mon, 09 May 2016 23:32:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=29131 Cash Credit - The provisions of the section 28 (iv) can be invoked if the benefit or perquisite is not in form of cash. It cannot be said that the loan received by the assessee could be termed as benefit/perquisite. No justification in invoking the provisions of section 68 - AT Highlights Income Tax Wed, 11 May 2016 10:42:50 +0530 https://www.taxtmi.com/highlights?id=29131