https://www.taxtmi.com/caselaws?id=432420 The Tribunal dismissed the appellant's appeal due to non-appearance, upheld the addition of Rs. 11,72,00,000 under section 68 of the Income Tax Act for unexplained share capital, and sustained the disallowance of expenses amounting to Rs. 14,147 under section 14A. The decision was based on the appellant's lack of cooperation, failure to provide credible explanations, and insufficient evidence to support their claims. en-us Mon, 02 Jan 2023 00:00:00 +0530 Thu, 05 Jan 2023 08:26:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432420 The Tribunal dismissed the appellant's appeal due to non-appearance, upheld the addition of Rs. 11,72,00,000 under section 68 of the Income Tax Act for unexplained share capital, and sustained the disallowance of expenses amounting to Rs. 14,147 under section 14A. The decision was based on the appellant's lack of cooperation, failure to provide credible explanations, and insufficient evidence to support their claims. Case-Laws Income Tax Mon, 02 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432420