https://www.taxtmi.com/caselaws?id=350251 The court ruled in favor of the assessee on both issues. It held that the second show cause notice under Section 148 was not legal due to the pendency of the original proceedings before the CIT(A). Consequently, the second issue regarding the addition of Rs. 11,97,472/- as cash credits was also decided in favor of the assessee. The appeal was allowed, and both issues were answered in favor of the assessee and against the Department. en-us Wed, 25 Oct 2017 00:00:00 +0530 Thu, 02 Nov 2017 08:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350251 The court ruled in favor of the assessee on both issues. It held that the second show cause notice under Section 148 was not legal due to the pendency of the original proceedings before the CIT(A). Consequently, the second issue regarding the addition of Rs. 11,97,472/- as cash credits was also decided in favor of the assessee. The appeal was allowed, and both issues were answered in favor of the assessee and against the Department. Case-Laws Income Tax Wed, 25 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350251