https://www.taxtmi.com/caselaws?id=304626 The Tribunal partially allowed the appeal by providing credit for the disclosed amount in the sale deed and sustaining the remaining balance as income from an undisclosed source. The delay in filing the appeal was condoned due to genuine causes, and the case proceeded on its merits. The CIT(A) was justified in confirming the addition of Rs.30 lakhs to the returned income as the source of the cash deposit was not adequately proven, despite the explanation provided by the assessee regarding proceeds from a property sale. en-us Thu, 22 Jun 2017 00:00:00 +0530 Tue, 11 Oct 2022 10:39:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304626 The Tribunal partially allowed the appeal by providing credit for the disclosed amount in the sale deed and sustaining the remaining balance as income from an undisclosed source. The delay in filing the appeal was condoned due to genuine causes, and the case proceeded on its merits. The CIT(A) was justified in confirming the addition of Rs.30 lakhs to the returned income as the source of the cash deposit was not adequately proven, despite the explanation provided by the assessee regarding proceeds from a property sale. Case-Laws Income Tax Thu, 22 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304626