https://www.taxtmi.com/caselaws?id=290275 The Tribunal allowed the appeal, directing the deletion of the addition of Rs. 56,19,155/- on account of unexplained cash credit due to peak negative cash balance. The Tribunal emphasized the importance of audited books of accounts and ruled that the addition was not justified as the books were found to be in order without defects. The Tribunal also implicitly addressed the disallowance of ROC charges, overturning the disallowance. The decision was pronounced on 25.09.2018. en-us Tue, 25 Sep 2018 00:00:00 +0530 Thu, 17 Sep 2020 10:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290275 The Tribunal allowed the appeal, directing the deletion of the addition of Rs. 56,19,155/- on account of unexplained cash credit due to peak negative cash balance. The Tribunal emphasized the importance of audited books of accounts and ruled that the addition was not justified as the books were found to be in order without defects. The Tribunal also implicitly addressed the disallowance of ROC charges, overturning the disallowance. The decision was pronounced on 25.09.2018. Case-Laws Income Tax Tue, 25 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290275