https://www.taxtmi.com/caselaws?id=418243 The High Court affirmed the Tribunal's decision to uphold the addition to the income of the assessee under Section 69A of the Income Tax Act, 1961. The court differentiated between cash credit under Section 68 and unexplained investments under Section 69A, emphasizing distinct parameters for each. It dismissed the appeal, finding no error in the Tribunal's decision and clarifying the inapplicability of cited legal precedents. The judgment provides a detailed analysis of confirming the Assessing Officer's addition to the assessee's income under Section 69A. en-us Fri, 03 Dec 2021 00:00:00 +0530 Fri, 11 Feb 2022 07:22:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418243 The High Court affirmed the Tribunal's decision to uphold the addition to the income of the assessee under Section 69A of the Income Tax Act, 1961. The court differentiated between cash credit under Section 68 and unexplained investments under Section 69A, emphasizing distinct parameters for each. It dismissed the appeal, finding no error in the Tribunal's decision and clarifying the inapplicability of cited legal precedents. The judgment provides a detailed analysis of confirming the Assessing Officer's addition to the assessee's income under Section 69A. Case-Laws Income Tax Fri, 03 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418243