https://www.taxtmi.com/caselaws?id=443544 The delay in filing the appeal was condoned, and the addition to taxable income under Section 68 of the Income Tax Act was reversed by the Tribunal. The Tribunal interpreted Section 153A of the Act, emphasizing that without incriminating material, no further addition to income is warranted. Applying principles in completed assessments without incriminating material, the Tribunal ruled that no further addition to income is justified. The appeal was dismissed as no substantial question of law arose for consideration. en-us Mon, 11 Sep 2023 00:00:00 +0530 Tue, 26 Sep 2023 08:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443544 The delay in filing the appeal was condoned, and the addition to taxable income under Section 68 of the Income Tax Act was reversed by the Tribunal. The Tribunal interpreted Section 153A of the Act, emphasizing that without incriminating material, no further addition to income is warranted. Applying principles in completed assessments without incriminating material, the Tribunal ruled that no further addition to income is justified. The appeal was dismissed as no substantial question of law arose for consideration. Case-Laws Income Tax Mon, 11 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443544