Supreme Court Upholds Addition of Unexplained Cash Credits as Income: Vijay Kumar Talwar vs. Commissioner of Income Tax (2010)
LEGAL ISSUE: Whether the Income Tax Appellate Tribunal’s (ITAT) order was based on sufficient evidence regarding unexplained cash credits, and if the High Court erred in dismissing the appeal for lack of a substantial question of law. CASE TYPE: Income Tax Law Case Name: Vijay Kumar Talwar vs. Commissioner of Income Tax, Delhi [Judgment Date]: […]