https://www.taxtmi.com/caselaws?id=279837 The appeal was dismissed, affirming the decision of the lower authorities to uphold the addition of unexplained expenditure as income from other sources under section 69 of the Income Tax Act, 1961. The assessee failed to prove the source of funds for disallowed credit card payments, despite the Tribunal directing re-examination of the explanation. The denial of involvement by a third party and the lack of provided details led to the confirmation of the addition, emphasizing the importance of substantiating claims with proper documentation during assessment proceedings. en-us Thu, 16 Aug 2018 00:00:00 +0530 Mon, 08 Apr 2019 00:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279837 The appeal was dismissed, affirming the decision of the lower authorities to uphold the addition of unexplained expenditure as income from other sources under section 69 of the Income Tax Act, 1961. The assessee failed to prove the source of funds for disallowed credit card payments, despite the Tribunal directing re-examination of the explanation. The denial of involvement by a third party and the lack of provided details led to the confirmation of the addition, emphasizing the importance of substantiating claims with proper documentation during assessment proceedings. Case-Laws Income Tax Thu, 16 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279837