Crescent Control P. Ltd. v. ACIT (2020) 274 Taxman 403 (Uttarakhand) (HC)
S. 68 : Cash credits-Burden of proof-Relevant evidence produced first time before High Court-Matter remanded the Assessing Officer to consider the evidence and pass appropriate order [S.260A]
The addition was made as cash credits for failure to produce the evidence. The assessee has produced relevant evidence before High Court. High Court directed the Assessing Officer to reconsider matter afresh by considering said evidence and pass appropriate order. (AY. 2006-07)