https://www.taxtmi.com/caselaws?id=188095 The court upheld the Tribunal's decision in an appeal under Section 260A of the Income Tax Act, 1961 for the assessment year 2005-06. The appellant's challenge regarding the addition of income already taxed in other assessment years and issues of double taxation were dismissed. The court emphasized the necessity of providing satisfactory explanations for unexplained cash credits and forfeited amounts, ultimately leading to the dismissal of the appeal due to the lack of substantial legal questions raised. en-us Fri, 04 Sep 2015 00:00:00 +0530 Fri, 18 Nov 2016 09:44:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188095 The court upheld the Tribunal's decision in an appeal under Section 260A of the Income Tax Act, 1961 for the assessment year 2005-06. The appellant's challenge regarding the addition of income already taxed in other assessment years and issues of double taxation were dismissed. The court emphasized the necessity of providing satisfactory explanations for unexplained cash credits and forfeited amounts, ultimately leading to the dismissal of the appeal due to the lack of substantial legal questions raised. Case-Laws Income Tax Fri, 04 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188095