https://www.taxtmi.com/caselaws?id=436116 The Appellate Tribunal partly allowed the appeal, condoning a 169-day delay in filing due to the assessee's father's illness. The Tribunal rejected the addition of unexplained opening capital balance and creditors, citing the assessee's exemption from maintaining regular books under Section 44AD. Deduction u/s 80C was denied for lack of evidence of life insurance premium payment. Section 115BBE was deemed inapplicable as regular books were not mandatory, leading to the deletion of certain additions and upholding of certain denials in the appeal. en-us Fri, 24 Mar 2023 00:00:00 +0530 Mon, 09 Oct 2023 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436116 The Appellate Tribunal partly allowed the appeal, condoning a 169-day delay in filing due to the assessee's father's illness. The Tribunal rejected the addition of unexplained opening capital balance and creditors, citing the assessee's exemption from maintaining regular books under Section 44AD. Deduction u/s 80C was denied for lack of evidence of life insurance premium payment. Section 115BBE was deemed inapplicable as regular books were not mandatory, leading to the deletion of certain additions and upholding of certain denials in the appeal. Case-Laws Income Tax Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436116