https://www.taxtmi.com/caselaws?id=246992 The Tribunal upheld the decision of the Ld. CIT(A) to admit additional evidence under Rule 46A of the Income Tax Act, considering the appellant's explanations and evidence, despite objections from the AO. The Ld. CIT(A) and Tribunal found the cash credits in the bank account explained by cash advances from property sales, leading to the deletion of the addition under section 68. Additionally, the disallowance of deduction under section 80C was overturned by the Ld. CIT(A) and upheld by the Tribunal, resulting in the dismissal of the Department's appeal. en-us Thu, 17 Apr 2014 00:00:00 +0530 Tue, 29 Apr 2014 06:46:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246992 The Tribunal upheld the decision of the Ld. CIT(A) to admit additional evidence under Rule 46A of the Income Tax Act, considering the appellant's explanations and evidence, despite objections from the AO. The Ld. CIT(A) and Tribunal found the cash credits in the bank account explained by cash advances from property sales, leading to the deletion of the addition under section 68. Additionally, the disallowance of deduction under section 80C was overturned by the Ld. CIT(A) and upheld by the Tribunal, resulting in the dismissal of the Department's appeal. Case-Laws Income Tax Thu, 17 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246992