Sec 68 Can Be Invoked Only If Taxpayer Fails To Explain Amou

The Mumbai ITAT upheld the CIT(A)'s order to delete the addition made u/s 68 of the Income Tax Act, 1961 finding no unexplained cash credit in the books of assessee.The Bench of Pavan Kumar Gadale...

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Mumbai , Maharashtra , India , Pavan Kumar Gadale , Bhumika Patel , Counsel For Appellant Department , Income Tax Act , Judicial Member , Prashant Maharishi , Accountant Member , Mumbai Itat , Ection 68 Of Income Tax Act , Nexplained Credit ,