https://www.taxtmi.com/caselaws?id=247776 Cash deposits claimed as third-party donations were not proved by reliable evidence, so the assessee failed to discharge the burden of explaining the entries and source of funds under the Income-tax Act. A supporting affidavit was insufficient because the deponent was not produced for cross-examination and the surrounding circumstances were inconsistent with the explanation offered. The factual findings of the Assessing Officer and Tribunal were based on appreciation of evidence and were not shown to be perverse, so the addition under section 68 was sustained and no substantial question of law arose. en-us Tue, 18 Feb 2014 00:00:00 +0530 Fri, 20 Feb 2015 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247776 Cash deposits claimed as third-party donations were not proved by reliable evidence, so the assessee failed to discharge the burden of explaining the entries and source of funds under the Income-tax Act. A supporting affidavit was insufficient because the deponent was not produced for cross-examination and the surrounding circumstances were inconsistent with the explanation offered. The factual findings of the Assessing Officer and Tribunal were based on appreciation of evidence and were not shown to be perverse, so the addition under section 68 was sustained and no substantial question of law arose. Case-Laws Income Tax Tue, 18 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247776