Unexplained Cash Credit u/s 68: Transaction Capacity and Genuineness Unproven, Re-adjudication Required for Identity Verification. https://www.taxtmi.com/highlights?id=31399 Unexplained cash credit - addition u/s 68 - The capacity as well as the genuineness aspect is completely unproved in the present case. - The firms being registered under VAT. Surprisingly, however, it is not known who the proprietors/partners of these firms are. - matter to be re-adjudicated - AT en-us Mon, 26 Sep 2016 10:41:35 +0530 Mon, 26 Sep 2016 10:41:35 +0530 TaxTMI RSS Generator Unexplained Cash Credit u/s 68: Transaction Capacity and Genuineness Unproven, Re-adjudication Required for Identity Verification. https://www.taxtmi.com/highlights?id=31399 Unexplained cash credit - addition u/s 68 - The capacity as well as the genuineness aspect is completely unproved in the present case. - The firms being registered under VAT. Surprisingly, however, it is not known who the proprietors/partners of these firms are. - matter to be re-adjudicated - AT Highlights Income Tax Mon, 26 Sep 2016 10:41:35 +0530 https://www.taxtmi.com/highlights?id=31399