https://www.taxtmi.com/highlights?id=52903 Addition u/s 68 - unexplained cash credit - No doubt, deficiency if any is liable to be looked into even at the time of remand proceeding also. Each and every share-holder responded to the notice u/s 133(6) of the Act and submitted necessary details. The facts are not distinguishable at this stage. After the examination of each and every details by the CIT(A), the CIT(A) was of the view that the assessee has proved the identity, genuineness and creditworthiness of the share-holder. - Revenue appeal dismissed - AT en-us Sat, 11 Apr 2020 17:07:42 +0530 Sat, 11 Apr 2020 17:07:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52903 Addition u/s 68 - unexplained cash credit - No doubt, deficiency if any is liable to be looked into even at the time of remand proceeding also. Each and every share-holder responded to the notice u/s 133(6) of the Act and submitted necessary details. The facts are not distinguishable at this stage. After the examination of each and every details by the CIT(A), the CIT(A) was of the view that the assessee has proved the identity, genuineness and creditworthiness of the share-holder. - Revenue appeal dismissed - AT Highlights Income Tax Sat, 11 Apr 2020 17:07:42 +0530 https://www.taxtmi.com/highlights?id=52903