https://www.taxtmi.com/caselaws?id=337701 The Tribunal partially allowed the appeal by condoning the delay in filing the appeal, deleting the addition of Rs. 4,56,000 under Section 68 of the Income Tax Act, and dismissing the ground related to the adhoc disallowance of Rs. 47,180. The Tribunal found the reasons for the delay in filing the appeal reasonable and held that the Assessing Officer lacked substantive evidence to justify the addition under Section 68, ultimately ruling in favor of the assessee. en-us Sun, 01 Jan 2017 00:00:00 +0530 Sat, 14 Jan 2017 07:23:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337701 The Tribunal partially allowed the appeal by condoning the delay in filing the appeal, deleting the addition of Rs. 4,56,000 under Section 68 of the Income Tax Act, and dismissing the ground related to the adhoc disallowance of Rs. 47,180. The Tribunal found the reasons for the delay in filing the appeal reasonable and held that the Assessing Officer lacked substantive evidence to justify the addition under Section 68, ultimately ruling in favor of the assessee. Case-Laws Income Tax Sun, 01 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337701