https://www.taxtmi.com/caselaws?id=751305 The Tribunal dismissed the appeal due to a 68-day delay in filing without a condonation application, rendering it time-barred. The appellant's failure to appear or provide valid reasons for the delay led to the dismissal of both issues: the addition of Rs. 29,00,000/- under unexplained credit u/s. 68 and the disallowance of Rs. 16,03,090/- u/s. 36(1)(iv) for exceeding prescribed limits. The Tribunal emphasized the necessity of timely appeals and sufficient cause for condonation, citing legal precedents. en-us Wed, 20 Mar 2024 00:00:00 +0530 Sat, 13 Apr 2024 09:17:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751305 The Tribunal dismissed the appeal due to a 68-day delay in filing without a condonation application, rendering it time-barred. The appellant's failure to appear or provide valid reasons for the delay led to the dismissal of both issues: the addition of Rs. 29,00,000/- under unexplained credit u/s. 68 and the disallowance of Rs. 16,03,090/- u/s. 36(1)(iv) for exceeding prescribed limits. The Tribunal emphasized the necessity of timely appeals and sufficient cause for condonation, citing legal precedents. Case-Laws Income Tax Wed, 20 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751305