https://www.taxtmi.com/caselaws?id=302766 The Tribunal allowed the appeals for the assessment years 2008-09 to 2012-13, directing the AO to delete the additions made under Section 68 regarding unexplained cash credit of Rs. 1,00,00,000. The disallowance of interest on the unsecured loan was also allowed in favor of the assessee. Penalties under Section 271(1)(c) and interest under Section 234B were deemed premature or general and were not adjudicated. en-us Wed, 08 Sep 2021 00:00:00 +0530 Fri, 17 Jun 2022 09:34:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302766 The Tribunal allowed the appeals for the assessment years 2008-09 to 2012-13, directing the AO to delete the additions made under Section 68 regarding unexplained cash credit of Rs. 1,00,00,000. The disallowance of interest on the unsecured loan was also allowed in favor of the assessee. Penalties under Section 271(1)(c) and interest under Section 234B were deemed premature or general and were not adjudicated. Case-Laws Income Tax Wed, 08 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302766