https://www.taxtmi.com/caselaws?id=292282 The Tribunal dismissed the assessee's appeal regarding the addition of Rs. 3.05 crores from M/s. A.R.Com as unexplained cash credit and upheld the CIT(A)'s decision. The Tribunal also dismissed the Revenue's appeal, affirming the deletion of Rs. 75 lakhs related to M/s. MSG Associates and Mr. Bharat Chandan, as their identities and creditworthiness were satisfactorily proven. The cross appeals filed by both the assessee and the Revenue were dismissed. en-us Wed, 26 Apr 2017 00:00:00 +0530 Thu, 17 Dec 2020 10:00:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292282 The Tribunal dismissed the assessee's appeal regarding the addition of Rs. 3.05 crores from M/s. A.R.Com as unexplained cash credit and upheld the CIT(A)'s decision. The Tribunal also dismissed the Revenue's appeal, affirming the deletion of Rs. 75 lakhs related to M/s. MSG Associates and Mr. Bharat Chandan, as their identities and creditworthiness were satisfactorily proven. The cross appeals filed by both the assessee and the Revenue were dismissed. Case-Laws Income Tax Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292282