https://www.taxtmi.com/caselaws?id=430742 The Tribunal confirmed the addition of unexplained investments under sections 68 and 69 of the Income Tax Act due to the assessee's failure to provide necessary details and evidence to substantiate the source of cash credits and share investments. The Tribunal upheld the assessment order for the Assessment Year 2008-09, dismissing the appeal based on the lack of participation and evidence presented by the assessee, resulting in the inclusion of undisclosed commission income and unexplained investments in the total income. en-us Wed, 16 Nov 2022 00:00:00 +0530 Sat, 26 Nov 2022 09:01:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430742 The Tribunal confirmed the addition of unexplained investments under sections 68 and 69 of the Income Tax Act due to the assessee's failure to provide necessary details and evidence to substantiate the source of cash credits and share investments. The Tribunal upheld the assessment order for the Assessment Year 2008-09, dismissing the appeal based on the lack of participation and evidence presented by the assessee, resulting in the inclusion of undisclosed commission income and unexplained investments in the total income. Case-Laws Income Tax Wed, 16 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430742