https://www.taxtmi.com/caselaws?id=360440 The Tribunal partly allowed the appeals, condoning the delay in filing due to valid reasons and addressing the addition of unexplained cash credit u/s 68 of the Income-tax Act. It emphasized accurate income disclosure and directed the Assessing Officer to assess income based on legitimate sources like official salary, professional income, and bank interest, eliminating discrepancies in disclosed additional incomes. en-us Fri, 11 May 2018 00:00:00 +0530 Thu, 17 May 2018 05:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360440 The Tribunal partly allowed the appeals, condoning the delay in filing due to valid reasons and addressing the addition of unexplained cash credit u/s 68 of the Income-tax Act. It emphasized accurate income disclosure and directed the Assessing Officer to assess income based on legitimate sources like official salary, professional income, and bank interest, eliminating discrepancies in disclosed additional incomes. Case-Laws Income Tax Fri, 11 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360440