The case of the assessee was re-opened on account of receipt of huge share premium from 8 parties. The AO  made addition of Rs. 8,95,44,000 under 68 as unexplained cash credit. The CIT (A) granted relief of Rs.8,82,03,600 and upheld addition of Rs. 19,80,000 as not explained. The Tribunal noted that the CIT(A) granted partial relief for certain parties, however, failed to adjudicated objections made by the AO in the remand report. The Tribunal restored the matter to file of the AO for de novo adjudication after examining and necessary verification of the issues noted in the appeal.  (AY.2009-10)