No additions u/s 68 for unexplained cash credits, unless all three limbs proved/established – ITAT
March 28, 2024
Income Tax, ITAT
To make additions u/s 68 for unexplained cash credits, all three limbs must be proved/established In a recent judgment, ITAT has dismissed the appeal of the Revenue and upheld the order passed by the CIT(A) that to make additions u/s 68 for unexplained cash credits, all three limbs …