https://www.taxtmi.com/caselaws?id=467085 Condonation of delay is permissible where sufficient cause is shown and courts should prefer substantial justice over technicality, leading to admission of a late appeal. Additions for unexplained investment were deleted because ownership and source were established in the spouse's assessment and no material linked the investment to the assessee. Addition for unexplained bank deposit was deleted after the deposit was accepted as originating from declared business receipts and supported by bank records. Denial of a Chapter VI-A deduction was upheld because the claim was unsubstantiated before the tribunal. en-us Fri, 21 Feb 2025 00:00:00 +0530 Thu, 05 Mar 2026 19:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467085 Condonation of delay is permissible where sufficient cause is shown and courts should prefer substantial justice over technicality, leading to admission of a late appeal. Additions for unexplained investment were deleted because ownership and source were established in the spouse's assessment and no material linked the investment to the assessee. Addition for unexplained bank deposit was deleted after the deposit was accepted as originating from declared business receipts and supported by bank records. Denial of a Chapter VI-A deduction was upheld because the claim was unsubstantiated before the tribunal. Case-Laws Income Tax Fri, 21 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467085