https://www.taxtmi.com/caselaws?id=376483 The Tribunal dismissed the appeal for AY 2010-11, upholding the addition of Rs. 38,05,000 as unexplained cash credit due to the assessee's failure to substantiate the sources of cash deposits. For AY 2011-12, the Tribunal allowed the appeal for statistical purposes and remanded the issue of Rs. 38,10,000 as undisclosed income to the AO for further verification of the cash flow statement and relevant bank statements. en-us Thu, 28 Feb 2019 00:00:00 +0530 Sat, 09 Mar 2019 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376483 The Tribunal dismissed the appeal for AY 2010-11, upholding the addition of Rs. 38,05,000 as unexplained cash credit due to the assessee's failure to substantiate the sources of cash deposits. For AY 2011-12, the Tribunal allowed the appeal for statistical purposes and remanded the issue of Rs. 38,10,000 as undisclosed income to the AO for further verification of the cash flow statement and relevant bank statements. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376483