https://www.taxtmi.com/caselaws?id=192668 The Court allowed the appellant's appeal, holding that the loan amount was genuine. The Court emphasized that the source of the source need not be proven and ruled in favor of the assessee, deleting the addition of Rs. 1,70,000 from the appellant's income. This resolved the dispute regarding the cash credits and the burden of proof on the revenue department for the Assessment Year 1993-94. en-us Fri, 05 Sep 2014 00:00:00 +0530 Sat, 10 Jun 2017 10:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192668 The Court allowed the appellant's appeal, holding that the loan amount was genuine. The Court emphasized that the source of the source need not be proven and ruled in favor of the assessee, deleting the addition of Rs. 1,70,000 from the appellant's income. This resolved the dispute regarding the cash credits and the burden of proof on the revenue department for the Assessment Year 1993-94. Case-Laws Income Tax Fri, 05 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192668