https://www.taxtmi.com/highlights?id=56596 Unexplained cash credit u/s 68 - non-existing liability - AO as well as the ld.CIT(A) without considering reconciliation filed by the assessee along with necessary evidences including confirmation letter from M/s. Sundaram Finance Ltd., has made addition towards difference in liability u/s.68 of the Act, although said liability was non-existing liability, but continued to live in the books of account of the assessee due to inadvertent error. - Additions deleted - AT en-us Fri, 05 Feb 2021 07:09:13 +0530 Fri, 05 Feb 2021 07:09:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56596 Unexplained cash credit u/s 68 - non-existing liability - AO as well as the ld.CIT(A) without considering reconciliation filed by the assessee along with necessary evidences including confirmation letter from M/s. Sundaram Finance Ltd., has made addition towards difference in liability u/s.68 of the Act, although said liability was non-existing liability, but continued to live in the books of account of the assessee due to inadvertent error. - Additions deleted - AT Highlights Income Tax Fri, 05 Feb 2021 07:09:13 +0530 https://www.taxtmi.com/highlights?id=56596