https://www.taxtmi.com/caselaws?id=403952 The Appellate Tribunal set aside the CIT(A)'s order on unexplained cash credits under sections 68 and 69A, remitting the case for fresh adjudication with a requirement for a reasoned decision and fair hearing for the assessee. The penalty under section 271(1)(C) and interest issues under sections 234A, 234B, 234C, and 234D were not directly addressed in the judgment due to the primary additions being set aside for reconsideration. en-us Fri, 04 Dec 2020 00:00:00 +0530 Fri, 12 Feb 2021 12:01:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403952 The Appellate Tribunal set aside the CIT(A)'s order on unexplained cash credits under sections 68 and 69A, remitting the case for fresh adjudication with a requirement for a reasoned decision and fair hearing for the assessee. The penalty under section 271(1)(C) and interest issues under sections 234A, 234B, 234C, and 234D were not directly addressed in the judgment due to the primary additions being set aside for reconsideration. Case-Laws Income Tax Fri, 04 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403952