https://www.taxtmi.com/caselaws?id=374239 The Tribunal allowed the Assessee's appeal, condoning the delay in filing and directing the deletion of the addition under section 68 r.w.s. 115BBE. The Tribunal found the Assessee's explanations reasonable, emphasizing the lack of evidence linking the Assessee to fraudulent activities and the satisfactory documentation of the share transactions. Consequently, the Tribunal ruled in favor of the Assessee, highlighting the adequate explanation provided for the source of the credit from the sale of shares. en-us Thu, 17 Jan 2019 00:00:00 +0530 Tue, 29 Jan 2019 07:31:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374239 The Tribunal allowed the Assessee's appeal, condoning the delay in filing and directing the deletion of the addition under section 68 r.w.s. 115BBE. The Tribunal found the Assessee's explanations reasonable, emphasizing the lack of evidence linking the Assessee to fraudulent activities and the satisfactory documentation of the share transactions. Consequently, the Tribunal ruled in favor of the Assessee, highlighting the adequate explanation provided for the source of the credit from the sale of shares. Case-Laws Income Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374239