https://www.taxtmi.com/caselaws?id=19557 The Tribunal remitted the case back for individual assessment of investments, expressing dissatisfaction with the explanations provided by the assessee. It highlighted the burden on the assessee to satisfactorily explain cash credits, with failure resulting in income tax charges. The Tribunal emphasized the need for thorough verification and directed a reevaluation of each investment based on provided explanations, underscoring the importance of detailed examination in such cases. en-us Thu, 21 Jul 1994 00:00:00 +0530 Sat, 07 Nov 2009 10:35:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19557 The Tribunal remitted the case back for individual assessment of investments, expressing dissatisfaction with the explanations provided by the assessee. It highlighted the burden on the assessee to satisfactorily explain cash credits, with failure resulting in income tax charges. The Tribunal emphasized the need for thorough verification and directed a reevaluation of each investment based on provided explanations, underscoring the importance of detailed examination in such cases. Case-Laws Income Tax Thu, 21 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19557