https://www.taxtmi.com/caselaws?id=352084 The tribunal acknowledged the genuine difficulty faced by the assessee in filing an appeal with a delay of 54 days and condoned the delay. The tribunal upheld the addition of the amount under section 69C by the Assessing Officer due to the assessee's failure to produce evidence of the transactions' genuineness. However, the tribunal set aside the CIT(A)'s order for reopening of assessment under section 147, directing a fresh assessment with opportunities for cross-examination. Additionally, the tribunal deleted the disallowance of expenses related to house property, partly allowing the assessee's appeal. en-us Tue, 31 Oct 2017 00:00:00 +0530 Wed, 06 Dec 2017 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352084 The tribunal acknowledged the genuine difficulty faced by the assessee in filing an appeal with a delay of 54 days and condoned the delay. The tribunal upheld the addition of the amount under section 69C by the Assessing Officer due to the assessee's failure to produce evidence of the transactions' genuineness. However, the tribunal set aside the CIT(A)'s order for reopening of assessment under section 147, directing a fresh assessment with opportunities for cross-examination. Additionally, the tribunal deleted the disallowance of expenses related to house property, partly allowing the assessee's appeal. Case-Laws Income Tax Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352084