<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Court Finds No Unexplained Cash Credit u/s 68; Transactions Genuine, No Additional Tax Liabilities for Assessee.</title>
    <link>https://www.taxtmi.com/highlights?id=46791</link>
    <description>Unexplained cash credit u/s 68 - No cash was found to be deposited prior to the date of the issue of cheques proves that the assessee has not purchased cheques by paying cash - banks have responded to the notice by furnishing the Articles &amp; Memorandum of Association, bank opening forms etc. clearly demonstrated that all the companies have fulfilled KYC Norms of banks - identity capacity and genuineness established beyond doubts - no addition</description>
    <language>en-us</language>
    <pubDate>Mon, 27 May 2019 07:25:12 +0530</pubDate>
    <lastBuildDate>Sat, 25 May 2019 13:33:12 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=572788" rel="self" type="application/rss+xml"/>
    <item>
      <title>Court Finds No Unexplained Cash Credit u/s 68; Transactions Genuine, No Additional Tax Liabilities for Assessee.</title>
      <link>https://www.taxtmi.com/highlights?id=46791</link>
      <description>Unexplained cash credit u/s 68 - No cash was found to be deposited prior to the date of the issue of cheques proves that the assessee has not purchased cheques by paying cash - banks have responded to the notice by furnishing the Articles &amp; Memorandum of Association, bank opening forms etc. clearly demonstrated that all the companies have fulfilled KYC Norms of banks - identity capacity and genuineness established beyond doubts - no addition</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Mon, 27 May 2019 07:25:12 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=46791</guid>
    </item>
  </channel>
</rss>