https://www.taxtmi.com/caselaws?id=193311 The court admitted the revenue's appeal concerning the cancellation of a sum under Section 68 of the Income Tax Act as unexplained cash credit. The court found the assessee's material satisfied the Income Tax Appellate Tribunal, leading to no legal question. Questions were framed regarding the deletion of additions under Section 68 due to lack of necessary documentation and reduction of additions on account of unsecured loans. The court emphasized the need for proper evidence and documentation in such cases, indicating a detailed examination and importance of compliance with legal requirements in tax matters. en-us Tue, 18 Oct 2016 00:00:00 +0530 Mon, 24 Jul 2017 10:13:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193311 The court admitted the revenue's appeal concerning the cancellation of a sum under Section 68 of the Income Tax Act as unexplained cash credit. The court found the assessee's material satisfied the Income Tax Appellate Tribunal, leading to no legal question. Questions were framed regarding the deletion of additions under Section 68 due to lack of necessary documentation and reduction of additions on account of unsecured loans. The court emphasized the need for proper evidence and documentation in such cases, indicating a detailed examination and importance of compliance with legal requirements in tax matters. Case-Laws Income Tax Tue, 18 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193311