https://www.taxtmi.com/caselaws?id=269320 The court condoned a delay in refiling the appeal and addressed substantial questions of law related to chargeable income calculation, legality of business activities, admissibility of deductions, and applicability of Explanation to Section 37 of the Income Tax Act. The judgment dismissed the appeal, upholding the orders of the Assessing Officer, CIT(A), and Tribunal regarding additions to total income under Sections 68 and 69, emphasizing that deductions for illegal or against public policy payments in business activities are not permissible. en-us Tue, 15 Sep 2015 00:00:00 +0530 Sat, 12 Dec 2015 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269320 The court condoned a delay in refiling the appeal and addressed substantial questions of law related to chargeable income calculation, legality of business activities, admissibility of deductions, and applicability of Explanation to Section 37 of the Income Tax Act. The judgment dismissed the appeal, upholding the orders of the Assessing Officer, CIT(A), and Tribunal regarding additions to total income under Sections 68 and 69, emphasizing that deductions for illegal or against public policy payments in business activities are not permissible. Case-Laws Income Tax Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269320