https://www.taxtmi.com/caselaws?id=343806 The Tribunal upheld the addition of Rs. 13,00,000 as unexplained cash credit due to insufficient evidence provided by the Assessee regarding cash deposits by loan creditors. However, the Tribunal deleted the addition of Rs. 10,00,000 after finding the documentation submitted by the Assessee satisfactory in proving the genuineness of the transaction. As a result, the Assessee received partial relief with the appeal being partly allowed. en-us Tue, 30 May 2017 00:00:00 +0530 Fri, 02 Jun 2017 06:15:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343806 The Tribunal upheld the addition of Rs. 13,00,000 as unexplained cash credit due to insufficient evidence provided by the Assessee regarding cash deposits by loan creditors. However, the Tribunal deleted the addition of Rs. 10,00,000 after finding the documentation submitted by the Assessee satisfactory in proving the genuineness of the transaction. As a result, the Assessee received partial relief with the appeal being partly allowed. Case-Laws Income Tax Tue, 30 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343806