https://www.taxtmi.com/caselaws?id=248939 The Tribunal dismissed the Revenue's appeal against the Commissioner of Income Tax (Appeals)-18, Mumbai, affirming the decision to admit additional evidences related to loan agreements. The Tribunal found that the CIT(A) was justified in admitting the evidences under rule 46A(4) of the Income Tax Rules, 1962, due to the assessee's counsel withholding crucial papers. The judgment underscores the significance of adhering to procedural rules, like rule 46A, when admitting new evidence in income tax appeals. en-us Wed, 18 Jun 2014 00:00:00 +0530 Mon, 30 Jun 2014 11:37:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248939 The Tribunal dismissed the Revenue's appeal against the Commissioner of Income Tax (Appeals)-18, Mumbai, affirming the decision to admit additional evidences related to loan agreements. The Tribunal found that the CIT(A) was justified in admitting the evidences under rule 46A(4) of the Income Tax Rules, 1962, due to the assessee's counsel withholding crucial papers. The judgment underscores the significance of adhering to procedural rules, like rule 46A, when admitting new evidence in income tax appeals. Case-Laws Income Tax Wed, 18 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248939