https://www.taxtmi.com/caselaws?id=427926 The Tribunal dismissed both appeals, upholding the additions under sections 68, 69C, and 69 while denying the exemption under section 10(38) of the Income Tax Act. The Tribunal highlighted the importance of timely justice and criticized the prolonged litigation and adjournments caused by the assessee's representative. The Tribunal agreed with the lower authorities that the transactions were manipulated to evade taxes, involving artificial gains and unexplained income. en-us Mon, 12 Sep 2022 00:00:00 +0530 Tue, 20 Sep 2022 08:19:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427926 The Tribunal dismissed both appeals, upholding the additions under sections 68, 69C, and 69 while denying the exemption under section 10(38) of the Income Tax Act. The Tribunal highlighted the importance of timely justice and criticized the prolonged litigation and adjournments caused by the assessee's representative. The Tribunal agreed with the lower authorities that the transactions were manipulated to evade taxes, involving artificial gains and unexplained income. Case-Laws Income Tax Mon, 12 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427926