Held that credits not received during current financial year but were brought forward from earlier years addition cannot be made as cash credits. (AY. 2014-15)
Ravindra Arunachala Nadar v. ACIT (2021) 191 ITD 520 (Chennai)(Trib.)
S. 68 : Cash credits-Brought forward creditors from earlier financial year-Addition cannot be made as cash credits for the relevant assessment year.