https://www.taxtmi.com/caselaws?id=203754 The Tribunal dismissed the appeal, upholding the addition of Rs. 6.20 crore as unexplained cash credit. The assessee failed to prove the genuineness of the share capital and reserves, and the attempt to introduce new evidence at the appellate stage was rejected for non-compliance with Rule 46A of the IT Rules. The Tribunal emphasized the assessee's acceptance of the original filings by providing shareholder details and lack of action against alleged forgery. en-us Fri, 12 Nov 2010 00:00:00 +0530 Thu, 30 May 2013 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203754 The Tribunal dismissed the appeal, upholding the addition of Rs. 6.20 crore as unexplained cash credit. The assessee failed to prove the genuineness of the share capital and reserves, and the attempt to introduce new evidence at the appellate stage was rejected for non-compliance with Rule 46A of the IT Rules. The Tribunal emphasized the assessee's acceptance of the original filings by providing shareholder details and lack of action against alleged forgery. Case-Laws Income Tax Fri, 12 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203754