https://www.taxtmi.com/caselaws?id=340180 The Tribunal condoned the delay in filing appeals due to bona fide reasons, emphasizing substantial justice over technicalities. Regarding the addition of income under Section 68, the Tribunal limited the total addition to 25% of cash deposits in bank accounts for each assessment year, after finding discrepancies in payments to textile parties. This decision, agreed upon by the assessee, led to the partial allowance of the appeals, aiming to resolve the matter and ensure justice. en-us Tue, 14 Mar 2017 00:00:00 +0530 Fri, 17 Mar 2017 01:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340180 The Tribunal condoned the delay in filing appeals due to bona fide reasons, emphasizing substantial justice over technicalities. Regarding the addition of income under Section 68, the Tribunal limited the total addition to 25% of cash deposits in bank accounts for each assessment year, after finding discrepancies in payments to textile parties. This decision, agreed upon by the assessee, led to the partial allowance of the appeals, aiming to resolve the matter and ensure justice. Case-Laws Income Tax Tue, 14 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340180