https://www.taxtmi.com/caselaws?id=388892 The Tribunal allowed the Revenue's appeal, condoning a 28-day delay in filing. The Assessing Officer's addition of borrowed amounts to the assessee's total income was challenged and deleted by the CIT(A) after confirming the genuineness of transactions and creditors' creditworthiness. The Tribunal dismissed the cross objection due to a 3-day delay without condonation, resulting in the dismissal of both the Revenue's appeal and the assessee's cross objection. en-us Fri, 22 Nov 2019 00:00:00 +0530 Tue, 26 Nov 2019 10:42:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388892 The Tribunal allowed the Revenue's appeal, condoning a 28-day delay in filing. The Assessing Officer's addition of borrowed amounts to the assessee's total income was challenged and deleted by the CIT(A) after confirming the genuineness of transactions and creditors' creditworthiness. The Tribunal dismissed the cross objection due to a 3-day delay without condonation, resulting in the dismissal of both the Revenue's appeal and the assessee's cross objection. Case-Laws Income Tax Fri, 22 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388892