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Unexplained Cash Credit u/s 68: Transaction Capacity and Genuineness Unproven, Re-adjudication Required for Identity Verification.

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....Unexplained cash credit - addition u/s 68 - The capacity as well as the genuineness aspect is completely unproved in the present case. - The firms being registered under VAT. Surprisingly, however, it is not known who the proprietors/partners of these firms are. - matter to be re-adjudicated - AT....