https://www.taxtmi.com/highlights?id=32853 Unexplained cash credit - addition u/s 68 - The revenue cannot blow hot and cold in the same breath since in the scrutiny reassessment the purchases have been accepted, there is no any reason/logic in not accepting the subsequent sales of the shares and treating the receipt of consideration as unexplained cash credit. - AT en-us Wed, 11 Jan 2017 20:34:49 +0530 Wed, 11 Jan 2017 20:34:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32853 Unexplained cash credit - addition u/s 68 - The revenue cannot blow hot and cold in the same breath since in the scrutiny reassessment the purchases have been accepted, there is no any reason/logic in not accepting the subsequent sales of the shares and treating the receipt of consideration as unexplained cash credit. - AT Highlights Income Tax Wed, 11 Jan 2017 20:34:49 +0530 https://www.taxtmi.com/highlights?id=32853