Court Confirms Addition u/s 68 as Assessee Fails to Justify Bank Deposits; No Peak Credit Principle Benefit Granted. https://www.taxtmi.com/highlights?id=30060 Assessee unable to substantiate the money deposited in his bank accounts - Addition u/s 68 confirmed - The benefit of "peak credit principle" not extended. en-us Sat, 02 Jul 2016 12:11:30 +0530 Sat, 02 Jul 2016 12:45:02 +0530 TaxTMI RSS Generator Court Confirms Addition u/s 68 as Assessee Fails to Justify Bank Deposits; No Peak Credit Principle Benefit Granted. https://www.taxtmi.com/highlights?id=30060 Assessee unable to substantiate the money deposited in his bank accounts - Addition u/s 68 confirmed - The benefit of "peak credit principle" not extended. Highlights Income Tax Sat, 02 Jul 2016 12:11:30 +0530 https://www.taxtmi.com/highlights?id=30060