https://www.taxtmi.com/caselaws?id=376367 The appeal against the addition of unexplained cash credit under section 68 of the Income Tax Act for Assessment Year 2009-10 was allowed for statistical purposes. The Tribunal admitted additional evidence submitted by the assessee, remanding the issue to the Assessing Officer for further examination. The Assessing Officer was directed to verify the cash flow statement of the loan account to the savings account of the brother to determine if the amounts match the cash received by the assessee, with instructions to provide a reasonable opportunity to the assessee for a fresh decision. en-us Fri, 01 Mar 2019 00:00:00 +0530 Fri, 08 Mar 2019 08:06:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376367 The appeal against the addition of unexplained cash credit under section 68 of the Income Tax Act for Assessment Year 2009-10 was allowed for statistical purposes. The Tribunal admitted additional evidence submitted by the assessee, remanding the issue to the Assessing Officer for further examination. The Assessing Officer was directed to verify the cash flow statement of the loan account to the savings account of the brother to determine if the amounts match the cash received by the assessee, with instructions to provide a reasonable opportunity to the assessee for a fresh decision. Case-Laws Income Tax Fri, 01 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376367