https://www.taxtmi.com/caselaws?id=24416 The High Court of Kerala addressed the assessment of cash credits as income from other sources in the case of an unregistered firm for the assessment year 1978-79. The court directed the Income-tax Appellate Tribunal to decide on the applicability of section 68 of the Income-tax Act. Additionally, the court examined discrepancies in the findings of the Appellate Tribunal regarding the commencement of business by the firm and the correct date mentioned in the assessment report. The Tribunal's conclusion that no business was conducted during the relevant period was challenged, and the High Court was tasked with verifying the legal and factual accuracy of these findings. en-us Wed, 18 Jan 1989 00:00:00 +0530 Tue, 19 Jan 2010 18:06:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24416 The High Court of Kerala addressed the assessment of cash credits as income from other sources in the case of an unregistered firm for the assessment year 1978-79. The court directed the Income-tax Appellate Tribunal to decide on the applicability of section 68 of the Income-tax Act. Additionally, the court examined discrepancies in the findings of the Appellate Tribunal regarding the commencement of business by the firm and the correct date mentioned in the assessment report. The Tribunal's conclusion that no business was conducted during the relevant period was challenged, and the High Court was tasked with verifying the legal and factual accuracy of these findings. Case-Laws Income Tax Wed, 18 Jan 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24416