https://www.taxtmi.com/caselaws?id=38889 The High Court of Orissa upheld the Appellate Tribunal's decision to delete cash credits assessed as income from undisclosed sources for a partnership firm. The Tribunal found the genuineness of the cash credits was proven by the evidence presented, emphasizing the burden on the assessee to establish authenticity. The High Court rejected the revenue's application, stating the Tribunal's decision was based on factual evaluation, not a misapplication of the law. Justice B. K. Ray concurred, highlighting the Tribunal's assessment of evidence. The revenue's application was dismissed without costs. en-us Thu, 03 Apr 1975 00:00:00 +0530 Sat, 10 Apr 2010 12:09:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38889 The High Court of Orissa upheld the Appellate Tribunal's decision to delete cash credits assessed as income from undisclosed sources for a partnership firm. The Tribunal found the genuineness of the cash credits was proven by the evidence presented, emphasizing the burden on the assessee to establish authenticity. The High Court rejected the revenue's application, stating the Tribunal's decision was based on factual evaluation, not a misapplication of the law. Justice B. K. Ray concurred, highlighting the Tribunal's assessment of evidence. The revenue's application was dismissed without costs. Case-Laws Income Tax Thu, 03 Apr 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38889