https://www.taxtmi.com/caselaws?id=194872 The High Court upheld the Tribunal's decision in a case involving challenges to an Income Tax Appellate Tribunal order under Section 260A. The Tribunal found that unexplained cash credits were advance installments from members for plot bookings, not requiring addition. Advance payments from customers were deemed part of plot booking transactions, supported by disclosed details. The Tribunal's acceptance of additional evidence was affirmed, with the Court dismissing the appeal in favor of the assessee due to no errors in the Tribunal's decision. en-us Wed, 29 Jun 2011 00:00:00 +0530 Wed, 04 Oct 2017 10:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194872 The High Court upheld the Tribunal's decision in a case involving challenges to an Income Tax Appellate Tribunal order under Section 260A. The Tribunal found that unexplained cash credits were advance installments from members for plot bookings, not requiring addition. Advance payments from customers were deemed part of plot booking transactions, supported by disclosed details. The Tribunal's acceptance of additional evidence was affirmed, with the Court dismissing the appeal in favor of the assessee due to no errors in the Tribunal's decision. Case-Laws Income Tax Wed, 29 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194872