2010 (10) TMI 1248

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.... For Income Tax For the Respondent : Sri.Anil D. Nair, Smt.Nivedita A.Kamath. JUDGMENT RAMACHANDRAN NAIR, J. The question raised in the department appeal is whether the unexplained cash credits taken as income under Section 68 qualifies for exemption under Section 10 (23C) and Section 11 of the Income Tax Act. We have heard standing counsel for the appellant and counsel appearing for t....