https://www.taxtmi.com/caselaws?id=427337 The Tribunal dismissed the appeal of the assessee, upholding the adhoc additions made on loans and advances as well as share trading due to the lack of evidence or calculations provided by the assessee to support their case. The delay in filing the appeal was allowed by the Tribunal considering the director's illness, but the non-appearance of the assessee during the hearing led to the case being proceeded with the assistance of the ld. DR. The additions made by the AO and upheld by the CIT(A) were confirmed by the Tribunal, resulting in the dismissal of the assessee's appeal. en-us Thu, 21 Jul 2022 00:00:00 +0530 Wed, 07 Sep 2022 06:46:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427337 The Tribunal dismissed the appeal of the assessee, upholding the adhoc additions made on loans and advances as well as share trading due to the lack of evidence or calculations provided by the assessee to support their case. The delay in filing the appeal was allowed by the Tribunal considering the director's illness, but the non-appearance of the assessee during the hearing led to the case being proceeded with the assistance of the ld. DR. The additions made by the AO and upheld by the CIT(A) were confirmed by the Tribunal, resulting in the dismissal of the assessee's appeal. Case-Laws Income Tax Thu, 21 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427337