https://www.taxtmi.com/caselaws?id=25972 The court held in favor of the respondent, affirming the Tribunal's decision that the unexplained cash credit entries of Rs. 16,950 were adequately covered by the added gross profit of Rs. 18,117. The court acknowledged the justification provided by the respondent, citing previous years' intangible additions and supporting precedents. en-us Mon, 28 Apr 1986 00:00:00 +0530 Tue, 02 Feb 2010 10:43:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25972 The court held in favor of the respondent, affirming the Tribunal's decision that the unexplained cash credit entries of Rs. 16,950 were adequately covered by the added gross profit of Rs. 18,117. The court acknowledged the justification provided by the respondent, citing previous years' intangible additions and supporting precedents. Case-Laws Income Tax Mon, 28 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25972