https://www.taxtmi.com/caselaws?id=249827 The Tribunal upheld the deletion of additions under sections 68 and 69 of the Income Tax Act, 1961, finding that the Revenue failed to prove unexplained money emanated from the assessee. The Tribunal also deemed the issue of the validity of reopening proceedings academic due to the favorable findings on the merits of the case, leading to the dismissal of both the appeal and cross objection. en-us Thu, 17 Jul 2014 00:00:00 +0530 Fri, 25 Jul 2014 14:11:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249827 The Tribunal upheld the deletion of additions under sections 68 and 69 of the Income Tax Act, 1961, finding that the Revenue failed to prove unexplained money emanated from the assessee. The Tribunal also deemed the issue of the validity of reopening proceedings academic due to the favorable findings on the merits of the case, leading to the dismissal of both the appeal and cross objection. Case-Laws Income Tax Thu, 17 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249827