https://www.taxtmi.com/caselaws?id=279528 The Tribunal remanded the issue of adding advances received for flat/shop as unexplained cash credit under Section 68 to the Assessing Officer for fresh consideration due to lack of incriminating material found during search. Interest charges under Sections 234B and 234C were upheld as mandatory. Additional legal grounds raised by the assessee were admitted without requiring further factual investigation. The appeals were partially allowed for statistical purposes. en-us Mon, 30 Nov 2015 00:00:00 +0530 Sat, 23 Mar 2019 10:18:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279528 The Tribunal remanded the issue of adding advances received for flat/shop as unexplained cash credit under Section 68 to the Assessing Officer for fresh consideration due to lack of incriminating material found during search. Interest charges under Sections 234B and 234C were upheld as mandatory. Additional legal grounds raised by the assessee were admitted without requiring further factual investigation. The appeals were partially allowed for statistical purposes. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279528