https://www.taxtmi.com/caselaws?id=282273 The Tribunal partially allowed the appeal, directing a fresh decision on certain aspects of the case. The addition of cash credit under Section 68 was confirmed for an amount of &8377;1.3 lakhs due to lack of evidence of the source. The addition of an advance received was remanded back to the Assessing Officer for reconsideration as there was no doubt about the source of funds. The disallowance of a loan from Shri G. S. Sharma was also remanded for further inquiry as the source of funds was confirmed. en-us Mon, 30 Sep 2013 00:00:00 +0530 Wed, 31 Jul 2019 09:53:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282273 The Tribunal partially allowed the appeal, directing a fresh decision on certain aspects of the case. The addition of cash credit under Section 68 was confirmed for an amount of &8377;1.3 lakhs due to lack of evidence of the source. The addition of an advance received was remanded back to the Assessing Officer for reconsideration as there was no doubt about the source of funds. The disallowance of a loan from Shri G. S. Sharma was also remanded for further inquiry as the source of funds was confirmed. Case-Laws Income Tax Mon, 30 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282273