https://www.taxtmi.com/caselaws?id=430187 The Tribunal partly allowed the appeal, deleting additions under Section 68 and for membership fees, while confirming disallowances for ROC tax and car depreciation. The delay in filing the appeal was condoned due to genuine reasons provided. The undisclosed short-term capital gain addition was deleted as the AO's non-compliance was unjustified. The Tribunal upheld the genuineness of transactions under Section 68 and allowable business expenses for membership fees. The disallowance of ROC tax and car depreciation was confirmed. en-us Fri, 14 Oct 2022 00:00:00 +0530 Mon, 14 Nov 2022 09:01:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430187 The Tribunal partly allowed the appeal, deleting additions under Section 68 and for membership fees, while confirming disallowances for ROC tax and car depreciation. The delay in filing the appeal was condoned due to genuine reasons provided. The undisclosed short-term capital gain addition was deleted as the AO's non-compliance was unjustified. The Tribunal upheld the genuineness of transactions under Section 68 and allowable business expenses for membership fees. The disallowance of ROC tax and car depreciation was confirmed. Case-Laws Income Tax Fri, 14 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430187