https://www.taxtmi.com/caselaws?id=388985 The tribunal upheld the additions of share capital and loans as unexplained cash credits, validated the assessment under section 143(3), and rejected the appeal regarding penalty proceedings under section 271(1)(c). The tribunal's decision was based on the lack of supporting evidence provided by the appellant, leading to the dismissal of the appeal. en-us Wed, 06 Nov 2019 00:00:00 +0530 Thu, 28 Nov 2019 13:34:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388985 The tribunal upheld the additions of share capital and loans as unexplained cash credits, validated the assessment under section 143(3), and rejected the appeal regarding penalty proceedings under section 271(1)(c). The tribunal's decision was based on the lack of supporting evidence provided by the appellant, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 06 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388985