https://www.taxtmi.com/caselaws?id=775862 Additional evidence was admitted after the appellate authority called for a remand report and considered the objections under Rule 46A. On the merits, foreign bank credits were traced to opening balances, earlier taxed ESOP-related receipts, and rental income already taxed in the USA, so the factual record explained the deposits. In these circumstances, the Tribunal held that additions under sections 68 and 69 could not be sustained and upheld deletion of the impugned additions. en-us Wed, 30 Jul 2025 00:00:00 +0530 Fri, 01 Aug 2025 08:15:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775862 Additional evidence was admitted after the appellate authority called for a remand report and considered the objections under Rule 46A. On the merits, foreign bank credits were traced to opening balances, earlier taxed ESOP-related receipts, and rental income already taxed in the USA, so the factual record explained the deposits. In these circumstances, the Tribunal held that additions under sections 68 and 69 could not be sustained and upheld deletion of the impugned additions. Case-Laws Income Tax Wed, 30 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775862