https://www.taxtmi.com/caselaws?id=433457 The Tribunal dismissed the appeal of the assessee concerning the addition of Rs.10,22,00,000/- on account of bogus share capital for A.Y. 2009-10. The decision was based on the lack of substantial evidence supporting the claim and the unexplained delay in filing the appeal. The Tribunal found no merit in the argument that details submitted during previous proceedings should have been considered, emphasizing the lack of support for the alleged bogus share capital and the assessee's failure to cooperate or provide necessary evidence. en-us Fri, 16 Dec 2022 00:00:00 +0530 Tue, 31 Jan 2023 08:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433457 The Tribunal dismissed the appeal of the assessee concerning the addition of Rs.10,22,00,000/- on account of bogus share capital for A.Y. 2009-10. The decision was based on the lack of substantial evidence supporting the claim and the unexplained delay in filing the appeal. The Tribunal found no merit in the argument that details submitted during previous proceedings should have been considered, emphasizing the lack of support for the alleged bogus share capital and the assessee's failure to cooperate or provide necessary evidence. Case-Laws Income Tax Fri, 16 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433457