https://www.taxtmi.com/caselaws?id=357821 The Tribunal allowed the appeal of the assessee, concluding that the assessee was a Non-Resident Indian, the addition of Rs. 71,00,000/- as unexplained cash credit was unwarranted, the assessee was entitled to the deduction for the cost of construction, and the assessee was eligible for exemption under Section 54 for the investment in new property. The order was pronounced on 28.03.2018. en-us Wed, 28 Mar 2018 00:00:00 +0530 Fri, 30 Mar 2018 08:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357821 The Tribunal allowed the appeal of the assessee, concluding that the assessee was a Non-Resident Indian, the addition of Rs. 71,00,000/- as unexplained cash credit was unwarranted, the assessee was entitled to the deduction for the cost of construction, and the assessee was eligible for exemption under Section 54 for the investment in new property. The order was pronounced on 28.03.2018. Case-Laws Income Tax Wed, 28 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357821