https://www.taxtmi.com/caselaws?id=335601 The High Court upheld the admission of additional evidence by the Commissioner of Income Tax (Appeals) under Section 46A of the Income Tax Act, despite the Revenue's objection. The Court found that the Assessee was not given adequate opportunity during the Assessment Proceedings to produce the evidence, which was crucial in establishing the genuineness of the loan. As the Revenue did not challenge the merits of the claim based on the additional evidence, the Court dismissed the appeal without costs, ruling that there was no substantial question of law to consider. en-us Fri, 21 Oct 2016 00:00:00 +0530 Mon, 05 Dec 2016 14:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335601 The High Court upheld the admission of additional evidence by the Commissioner of Income Tax (Appeals) under Section 46A of the Income Tax Act, despite the Revenue's objection. The Court found that the Assessee was not given adequate opportunity during the Assessment Proceedings to produce the evidence, which was crucial in establishing the genuineness of the loan. As the Revenue did not challenge the merits of the claim based on the additional evidence, the Court dismissed the appeal without costs, ruling that there was no substantial question of law to consider. Case-Laws Income Tax Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335601