https://www.taxtmi.com/caselaws?id=23079 The Tribunal's remand for de novo assessment was upheld because it left the cash credits and the applicability of section 68 open for fresh examination by the Income-tax Officer. The Court held that the Revenue suffered no prejudice from the direction for a complete reappraisal, as all relevant aspects could still be investigated in the fresh proceedings. The deletion of the direction to treat the entire cash credits as undisclosed income was therefore sustained, and the reference petitions were dismissed. en-us Mon, 26 Mar 1990 00:00:00 +0530 Wed, 16 Dec 2009 15:30:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23079 The Tribunal's remand for de novo assessment was upheld because it left the cash credits and the applicability of section 68 open for fresh examination by the Income-tax Officer. The Court held that the Revenue suffered no prejudice from the direction for a complete reappraisal, as all relevant aspects could still be investigated in the fresh proceedings. The deletion of the direction to treat the entire cash credits as undisclosed income was therefore sustained, and the reference petitions were dismissed. Case-Laws Income Tax Mon, 26 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23079