https://www.taxtmi.com/caselaws?id=416435 Delay in filing appeals by the assessee was condoned by the Tribunal due to circumstances beyond their control, allowing the appeals for adjudication. The AO's addition of 40% of unexplained cash in hand as income was deemed unjustified by the Tribunal, considering the assessee's audited accounts, turnover, and explanations. The Tribunal overturned the CIT(A)'s partial relief decision and allowed both appeals for the Assessment Year 2016-17, emphasizing the deletion of the AO's cash in hand income additions. en-us Wed, 24 Nov 2021 00:00:00 +0530 Wed, 29 Dec 2021 08:45:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416435 Delay in filing appeals by the assessee was condoned by the Tribunal due to circumstances beyond their control, allowing the appeals for adjudication. The AO's addition of 40% of unexplained cash in hand as income was deemed unjustified by the Tribunal, considering the assessee's audited accounts, turnover, and explanations. The Tribunal overturned the CIT(A)'s partial relief decision and allowed both appeals for the Assessment Year 2016-17, emphasizing the deletion of the AO's cash in hand income additions. Case-Laws Income Tax Wed, 24 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416435