https://www.taxtmi.com/caselaws?id=350189 The assessee's appeals were partly allowed, and the revenue's appeals were dismissed. The Tribunal relied on precedents from AY 2004-05, resulting in the deletion of various additions made by the AO. The delay in filing the appeal was condoned due to reasonable cause. Discrepancies in opening balances were partially sustained, but other additions for unexplained credits and disallowances were mostly deleted based on previous decisions. en-us Fri, 27 Oct 2017 00:00:00 +0530 Wed, 01 Nov 2017 13:58:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350189 The assessee's appeals were partly allowed, and the revenue's appeals were dismissed. The Tribunal relied on precedents from AY 2004-05, resulting in the deletion of various additions made by the AO. The delay in filing the appeal was condoned due to reasonable cause. Discrepancies in opening balances were partially sustained, but other additions for unexplained credits and disallowances were mostly deleted based on previous decisions. Case-Laws Income Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350189