https://www.taxtmi.com/caselaws?id=78910 The appeal challenging the Income Tax Appellate Tribunal's order for the Assessment Year 1996-97 under Section 260A of the Income Tax Act, 1961 was dismissed. The additions to the appellant's income were initially deleted by the Commissioner of Income Tax (Appeals) but were reinstated by the Assessing Officer under Section 68 of the Act, 1961, due to unexplained customer advances. The Tribunal upheld the Assessing Officer's decision, noting the appellant's failure to provide evidence of the identity and existence of parties who advanced money, leading to the dismissal of the appeal for lack of merit. en-us Mon, 13 Sep 2010 00:00:00 +0530 Sat, 06 Jul 2013 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78910 The appeal challenging the Income Tax Appellate Tribunal's order for the Assessment Year 1996-97 under Section 260A of the Income Tax Act, 1961 was dismissed. The additions to the appellant's income were initially deleted by the Commissioner of Income Tax (Appeals) but were reinstated by the Assessing Officer under Section 68 of the Act, 1961, due to unexplained customer advances. The Tribunal upheld the Assessing Officer's decision, noting the appellant's failure to provide evidence of the identity and existence of parties who advanced money, leading to the dismissal of the appeal for lack of merit. Case-Laws Income Tax Mon, 13 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78910