https://www.taxtmi.com/caselaws?id=286845 The High Court declined to condone a significant delay in re-filing the appeal due to unconvincing reasons and disapproved the practice of filing affidavits for such applications. The appeal focused on undisclosed income earned through hundi discounting and loans, with the AO's additions being deleted by the CIT (A) and upheld by the ITAT due to lack of evidence linking the Assessee with seized materials. The Court dismissed the appeal based on the delay and merits, rejecting new evidence and emphasizing the need for separate cases against each Assessee. en-us Tue, 20 Oct 2015 00:00:00 +0530 Wed, 18 Mar 2020 10:18:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286845 The High Court declined to condone a significant delay in re-filing the appeal due to unconvincing reasons and disapproved the practice of filing affidavits for such applications. The appeal focused on undisclosed income earned through hundi discounting and loans, with the AO's additions being deleted by the CIT (A) and upheld by the ITAT due to lack of evidence linking the Assessee with seized materials. The Court dismissed the appeal based on the delay and merits, rejecting new evidence and emphasizing the need for separate cases against each Assessee. Case-Laws Income Tax Tue, 20 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286845