Appeal allowed by ITAT Jabalpur for 1979-80 assessment year, deletion of Rs. 6,000 addition made by ITO. The appeal by the assessee against the AAC's order was allowed by ITAT Jabalpur for the assessment year 1979-80. The Tribunal deleted the Rs. 6,000 ...
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Appeal allowed by ITAT Jabalpur for 1979-80 assessment year, deletion of Rs. 6,000 addition made by ITO.
The appeal by the assessee against the AAC's order was allowed by ITAT Jabalpur for the assessment year 1979-80. The Tribunal deleted the Rs. 6,000 addition made by the ITO to the assessee's total income, as the explanation for the deposit in the name of Smt. Ranjana Bai was deemed credible. The Tribunal found no reason to disallow the remaining amount, leading to the deletion of the addition.
The appeal by the assessee against the order of the AAC was allowed by the Appellate Tribunal ITAT Jabalpur for the assessment year 1979-80. The Tribunal deleted the addition of Rs. 6,000 made by the ITO to the total income of the assessee, as the explanation provided by the parties regarding the deposit in the name of Smt. Ranjana Bai was considered believable. The Tribunal found no justification to disallow the balance of the amount, and hence, the addition was deleted.
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