https://www.taxtmi.com/caselaws?id=247776 The High Court upheld the addition of Rs. 11,26,000 and interest of Rs. 39,410, dismissing the appeal by the assessee. The Court affirmed the findings of the Assessing Officer and the Tribunal, emphasizing the importance of credible explanations supported by reliable evidence to meet the requirements of the Income-tax Act. The appellant failed to provide sufficient evidence to prove the genuineness of the donations collected, leading to the dismissal of the appeal. 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 The High Court upheld the addition of Rs. 11,26,000 and interest of Rs. 39,410, dismissing the appeal by the assessee. The Court affirmed the findings of the Assessing Officer and the Tribunal, emphasizing the importance of credible explanations supported by reliable evidence to meet the requirements of the Income-tax Act. The appellant failed to provide sufficient evidence to prove the genuineness of the donations collected, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 18 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247776