https://www.taxtmi.com/caselaws?id=329416 The Appellate Tribunal allowed the appeal of the assessee for statistical purposes, directing a re-examination of both issues related to the unexplained cash credit in the bank account and the treatment of the cash gift from the mother-in-law as unexplained investment. The Tribunal instructed the Assessing Officer to consider the business receipts and expenditures of the assessee to determine the actual source of the cash deposit and to conduct a thorough investigation into the discrepancies surrounding the cash gift from the mother-in-law before making a decision. en-us Fri, 29 Apr 2016 00:00:00 +0530 Fri, 01 Jul 2016 12:44:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329416 The Appellate Tribunal allowed the appeal of the assessee for statistical purposes, directing a re-examination of both issues related to the unexplained cash credit in the bank account and the treatment of the cash gift from the mother-in-law as unexplained investment. The Tribunal instructed the Assessing Officer to consider the business receipts and expenditures of the assessee to determine the actual source of the cash deposit and to conduct a thorough investigation into the discrepancies surrounding the cash gift from the mother-in-law before making a decision. Case-Laws Income Tax Fri, 29 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329416