https://www.taxtmi.com/caselaws?id=347771 The High Court upheld the decisions of the Revenue authorities and the Tribunal, dismissing the tax appeal. The appellant's challenges regarding the ex-parte order, addition of unexplained cash credits under Section 68, set off against share trading business loss under Section 71, and the alleged perverse order by the Tribunal were rejected. The judgment emphasized the necessity of providing sufficient documentation and evidence to substantiate claims, particularly in cases involving unexplained cash credits and set off against business losses. en-us Mon, 04 Sep 2017 00:00:00 +0530 Sat, 09 Sep 2017 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347771 The High Court upheld the decisions of the Revenue authorities and the Tribunal, dismissing the tax appeal. The appellant's challenges regarding the ex-parte order, addition of unexplained cash credits under Section 68, set off against share trading business loss under Section 71, and the alleged perverse order by the Tribunal were rejected. The judgment emphasized the necessity of providing sufficient documentation and evidence to substantiate claims, particularly in cases involving unexplained cash credits and set off against business losses. Case-Laws Income Tax Mon, 04 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347771