https://www.taxtmi.com/caselaws?id=246782 The Tribunal found no delay in filing the appeal as the correct date of the order was established. Regarding the addition made under section 68 of the Act, the assessee failed to adequately prove the source of unsecured loans, resulting in the unexplained nature of a significant portion of the loans and liabilities. The Tribunal upheld the CIT(A)'s decision to treat these unexplained amounts as additions to the assessee's income. Due to insufficient evidence and failure to challenge the CIT(A)'s findings effectively, the Tribunal dismissed the appeal, affirming the additions under section 68 of the Act. en-us Wed, 26 Mar 2014 00:00:00 +0530 Mon, 21 Apr 2014 19:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246782 The Tribunal found no delay in filing the appeal as the correct date of the order was established. Regarding the addition made under section 68 of the Act, the assessee failed to adequately prove the source of unsecured loans, resulting in the unexplained nature of a significant portion of the loans and liabilities. The Tribunal upheld the CIT(A)'s decision to treat these unexplained amounts as additions to the assessee's income. Due to insufficient evidence and failure to challenge the CIT(A)'s findings effectively, the Tribunal dismissed the appeal, affirming the additions under section 68 of the Act. Case-Laws Income Tax Wed, 26 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246782