https://www.taxtmi.com/caselaws?id=300654 The Tribunal dismissed the Revenue's appeal, affirming the CIT(Appeals)'s decision to limit the addition of unexplained cash credits to Rs. 2,00,93,034/-. The Tribunal also upheld the CIT(Appeals)'s ruling on double addition, granting relief of Rs. 2,67,09,704/- and restricting the addition. Additionally, the Tribunal accepted the assessee's Cross Objection for statistical purposes, directing the AO to verify the transfer entry claim of Rs. 1,00,00,523/- to M/s. V.K. Minerals. The matter was remanded for further examination by the AO. en-us Fri, 13 May 2016 00:00:00 +0530 Fri, 18 Feb 2022 07:31:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300654 The Tribunal dismissed the Revenue's appeal, affirming the CIT(Appeals)'s decision to limit the addition of unexplained cash credits to Rs. 2,00,93,034/-. The Tribunal also upheld the CIT(Appeals)'s ruling on double addition, granting relief of Rs. 2,67,09,704/- and restricting the addition. Additionally, the Tribunal accepted the assessee's Cross Objection for statistical purposes, directing the AO to verify the transfer entry claim of Rs. 1,00,00,523/- to M/s. V.K. Minerals. The matter was remanded for further examination by the AO. Case-Laws Income Tax Fri, 13 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300654