2014 (4) TMI 485

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....sel with Mr. Vipul Arun Bajpayee For the Respondent : Mr. F V Irani with Mr. A K Jasani JUDGEMENT JUDGEMENT 1. Heard Mr.Gupta, learned senior counsel appearing on behalf of t. he revenue. He would urge that the questions framed at page 5 paragraph 5 of the paper book are substantial questions of law. This is a case where the provision in question, namely, Section 68 was wholly applicab....

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....han one reason. The Tribunal has found that entries on the basis of cash books were written and maintained systematically. Therefore, they were in the books of accounts of the assessee in respect of his unaccounted business. 3. However, it cannot be said that the books indicated any amount in the nature of cash credit in the hands of the assessee as defined by Section 68 of the Act. In the fact....