https://www.taxtmi.com/caselaws?id=390436 The Tribunal directed the AO to provide the assessee with a final opportunity to substantiate the credit worthiness of the lender in a case involving an addition under section 68 of the IT Act for unexplained cash credit. The Tribunal allowed the first ground raised by the assessee for statistical purposes. The second ground related to the addition made on account of purchases of paddy husk & wheat straw was not pressed and dismissed. The appeal was partly allowed, with the decision issued in open court on 31.12.2019. en-us Tue, 31 Dec 2019 00:00:00 +0530 Thu, 02 Jan 2020 17:45:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390436 The Tribunal directed the AO to provide the assessee with a final opportunity to substantiate the credit worthiness of the lender in a case involving an addition under section 68 of the IT Act for unexplained cash credit. The Tribunal allowed the first ground raised by the assessee for statistical purposes. The second ground related to the addition made on account of purchases of paddy husk & wheat straw was not pressed and dismissed. The appeal was partly allowed, with the decision issued in open court on 31.12.2019. Case-Laws Income Tax Tue, 31 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390436