https://www.taxtmi.com/caselaws?id=779792 HC upheld the Tribunal's refusal to admit belated affidavits under Rule 29, finding appellants were not prevented by the assessing authority from producing evidence earlier. The court held unexplained cash claims and new explanations filed at the Tribunal stage were afterthoughts; allowing them would effectively revise voluntarily filed returns, which statute does not permit. One appellant's claim that the cash belonged to a third party, never raised at earlier stages, further justified rejection. The Tribunal's factual findings and orders were affirmed. en-us Wed, 17 Sep 2025 00:00:00 +0530 Mon, 13 Oct 2025 08:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779792 HC upheld the Tribunal's refusal to admit belated affidavits under Rule 29, finding appellants were not prevented by the assessing authority from producing evidence earlier. The court held unexplained cash claims and new explanations filed at the Tribunal stage were afterthoughts; allowing them would effectively revise voluntarily filed returns, which statute does not permit. One appellant's claim that the cash belonged to a third party, never raised at earlier stages, further justified rejection. The Tribunal's factual findings and orders were affirmed. Case-Laws Income Tax Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779792