https://www.taxtmi.com/caselaws?id=277658 The Tribunal dismissed the Assessee's appeal regarding the addition of Rs. 21,59,000 for unexplained credits under Section 68 of the Income Tax Act, 1961, as the Assessee failed to provide sufficient evidence to prove the loans. The Tribunal partly allowed the Department's appeal, remitting the matter back to the CIT(A) for further examination of loans totaling Rs. 9,50,000. The order was pronounced on 25/03/2015. en-us Wed, 25 Mar 2015 00:00:00 +0530 Mon, 17 Dec 2018 06:35:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277658 The Tribunal dismissed the Assessee's appeal regarding the addition of Rs. 21,59,000 for unexplained credits under Section 68 of the Income Tax Act, 1961, as the Assessee failed to provide sufficient evidence to prove the loans. The Tribunal partly allowed the Department's appeal, remitting the matter back to the CIT(A) for further examination of loans totaling Rs. 9,50,000. The order was pronounced on 25/03/2015. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277658