https://www.taxtmi.com/caselaws?id=60605 The Revenue's appeal was allowed as the Tribunal found that the assessee did not provide sufficient evidence to justify the cash credit of Rs. 5,11,680. The Tribunal held that the amount constituted an unexplained cash credit under section 68 of the Income-tax Act, 1961. Consequently, the addition made by the Income Tax Officer was upheld, overturning the decision of the Commissioner of Income Tax (Appeals). en-us Mon, 30 Dec 1991 00:00:00 +0530 Fri, 07 Jan 2011 11:44:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60605 The Revenue's appeal was allowed as the Tribunal found that the assessee did not provide sufficient evidence to justify the cash credit of Rs. 5,11,680. The Tribunal held that the amount constituted an unexplained cash credit under section 68 of the Income-tax Act, 1961. Consequently, the addition made by the Income Tax Officer was upheld, overturning the decision of the Commissioner of Income Tax (Appeals). Case-Laws Income Tax Mon, 30 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60605