https://www.taxtmi.com/caselaws?id=183334 The Tribunal upheld the condonation of delay in filing appeals due to valid reasons. Additional evidence was not admitted under Rule 46A for lack of exceptional reasons. The additions under Section 68 for unexplained gifts and sundry creditors were upheld as the assessee failed to prove genuineness. Separate judgments affirmed additions for unexplained credits and a questionable loan transaction. The Tribunal dismissed all appeals, stressing the need for adequate evidence and compliance with procedural rules. The decisions aligned with legal precedents, holding the assessee accountable for failing to meet the burden of proof under Section 68 of the Income Tax Act. en-us Tue, 10 Feb 2015 00:00:00 +0530 Mon, 06 Jun 2016 11:27:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183334 The Tribunal upheld the condonation of delay in filing appeals due to valid reasons. Additional evidence was not admitted under Rule 46A for lack of exceptional reasons. The additions under Section 68 for unexplained gifts and sundry creditors were upheld as the assessee failed to prove genuineness. Separate judgments affirmed additions for unexplained credits and a questionable loan transaction. The Tribunal dismissed all appeals, stressing the need for adequate evidence and compliance with procedural rules. The decisions aligned with legal precedents, holding the assessee accountable for failing to meet the burden of proof under Section 68 of the Income Tax Act. Case-Laws Income Tax Tue, 10 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183334