https://www.taxtmi.com/caselaws?id=253998 The Tribunal dismissed the appeal against the CIT(A)'s order enhancing the income, as the assessee failed to substantiate the claimed opening cash balance with credible evidence. The Assessing Officer's concerns about discrepancies in cash balances and lack of supporting documentation for alleged property advances were upheld. The Tribunal found the cited judgments did not sufficiently support the assessee's case, ultimately leading to the dismissal of the appeal due to the failure to establish the availability of the claimed cash balance. en-us Fri, 28 Nov 2014 00:00:00 +0530 Tue, 09 Dec 2014 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253998 The Tribunal dismissed the appeal against the CIT(A)'s order enhancing the income, as the assessee failed to substantiate the claimed opening cash balance with credible evidence. The Assessing Officer's concerns about discrepancies in cash balances and lack of supporting documentation for alleged property advances were upheld. The Tribunal found the cited judgments did not sufficiently support the assessee's case, ultimately leading to the dismissal of the appeal due to the failure to establish the availability of the claimed cash balance. Case-Laws Income Tax Fri, 28 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253998