https://www.taxtmi.com/caselaws?id=18094 The High Court found in favor of the assessee against the Revenue, emphasizing the Tribunal's duty to consider the genuineness of cash credits, provide reasons for reversing orders, discuss all evidence on record, and record independent findings supported by reasons. The Court ruled against the Revenue due to the Tribunal's failure to adhere to these principles, highlighting the importance of proper consideration of evidence and legal principles in tax assessment matters. en-us Thu, 22 Aug 1996 00:00:00 +0530 Sat, 26 Sep 2009 16:51:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18094 The High Court found in favor of the assessee against the Revenue, emphasizing the Tribunal's duty to consider the genuineness of cash credits, provide reasons for reversing orders, discuss all evidence on record, and record independent findings supported by reasons. The Court ruled against the Revenue due to the Tribunal's failure to adhere to these principles, highlighting the importance of proper consideration of evidence and legal principles in tax assessment matters. Case-Laws Income Tax Thu, 22 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18094