https://www.taxtmi.com/highlights?id=46622 Addition u/s 68 - it is contended before AO that advances (cash credit) were made against the purchase of goods - AO and the Appellate Authority have the power of Civil Court u/s 131 including the power to enforce attendance of the witnesses and the parties - If a half-hearted enquiry was made by the AO and additions were made as unexplained cash credits u/s 68 and such finding of facts were reversed by the Appellate Authority, it would not give rise to any substantial question of law u/s 260A en-us Mon, 20 May 2019 07:03:34 +0530 Mon, 20 May 2019 07:03:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46622 Addition u/s 68 - it is contended before AO that advances (cash credit) were made against the purchase of goods - AO and the Appellate Authority have the power of Civil Court u/s 131 including the power to enforce attendance of the witnesses and the parties - If a half-hearted enquiry was made by the AO and additions were made as unexplained cash credits u/s 68 and such finding of facts were reversed by the Appellate Authority, it would not give rise to any substantial question of law u/s 260A Highlights Income Tax Mon, 20 May 2019 07:03:34 +0530 https://www.taxtmi.com/highlights?id=46622