https://www.taxtmi.com/caselaws?id=360016 The appeals for the assessment years 2005-06 and 2006-07 regarding the addition of sales proceeds as unexplained cash credit and disallowance of commission were dismissed. However, the appeals concerning the levy of penalty under Section 271(1)(c) were allowed, and the penalties were deleted due to procedural defects in recording the satisfaction for the penalty. en-us Fri, 06 Apr 2018 00:00:00 +0530 Mon, 07 May 2018 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360016 The appeals for the assessment years 2005-06 and 2006-07 regarding the addition of sales proceeds as unexplained cash credit and disallowance of commission were dismissed. However, the appeals concerning the levy of penalty under Section 271(1)(c) were allowed, and the penalties were deleted due to procedural defects in recording the satisfaction for the penalty. Case-Laws Income Tax Fri, 06 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360016