https://www.taxtmi.com/caselaws?id=394256 The Tribunal upheld the addition of Rs. 1,63,22,223/- under Section 68 of the Income Tax Act, as the assessee failed to substantiate the cash and cheque deposits with credible evidence. The appeal was dismissed, with the Tribunal finding no violation of natural justice principles and rejecting challenges to the levy of interest and initiation of penalties under Sections 234A/B/C, 271(1)(c), and 271(1)(b) respectively. en-us Mon, 20 Jan 2020 00:00:00 +0530 Mon, 06 Apr 2020 12:58:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394256 The Tribunal upheld the addition of Rs. 1,63,22,223/- under Section 68 of the Income Tax Act, as the assessee failed to substantiate the cash and cheque deposits with credible evidence. The appeal was dismissed, with the Tribunal finding no violation of natural justice principles and rejecting challenges to the levy of interest and initiation of penalties under Sections 234A/B/C, 271(1)(c), and 271(1)(b) respectively. Case-Laws Income Tax Mon, 20 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394256