Bench: Shri S. Rifaur Rahman & Shri Yogesh Kumar U.S.
section 260 is barred by limitation, bad in law and void-ab-initio. Ground No.5: That on the fact & circumstances of the cases the AO erred in invoking Sec. 68 to treat capital investment made through banking channels as unexplained cash credit without proving that such amount represented income of Appellant chargeable to tax in India, & in complete disregard