6 results for “section 68”+ Section 133A(5)clear
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The appeal stands dismissed
Bench: S.G.PANDIT,K. V. ARAVIND
5. As regards addition of Rs.24,00,000/-: 5.1. The Learned Commissioner (Appeals) is not justified in upholding the action of the Assessing Officer - 13 - ITA No. 166 of 2025 in making addition of Rs.24,00,000/-representing cash deposit as unexplained cash credit under section 68, when the conditions of the said section are not satisfied