https://www.taxtmi.com/caselaws?id=371430 The Tribunal allowed the appeal of the assessee, deleting both the addition of Rs. 37,03,514/- towards unexplained cash credit under Section 68 and the addition of Rs. 11,250/- towards unexplained expenditure on commission. The Tribunal emphasized the significance of concrete evidence over mere suspicion in tax assessments, citing precedents that favored the assessee in similar situations. en-us Wed, 28 Nov 2018 00:00:00 +0530 Tue, 04 Dec 2018 09:00:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371430 The Tribunal allowed the appeal of the assessee, deleting both the addition of Rs. 37,03,514/- towards unexplained cash credit under Section 68 and the addition of Rs. 11,250/- towards unexplained expenditure on commission. The Tribunal emphasized the significance of concrete evidence over mere suspicion in tax assessments, citing precedents that favored the assessee in similar situations. Case-Laws Income Tax Wed, 28 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371430