https://www.taxtmi.com/caselaws?id=217733 The Tribunal dismissed the appellant's grounds challenging the assessment under Section 144 and upheld the addition of Rs. 12,99,850 under Section 68 for unexplained cash deposits. The case was remanded to the Assessing Officer for the appellant to establish the connection between business receipts and cash deposits. The appeal was partially allowed for statistical purposes, with instructions for the AO to issue orders based on the evidence presented by the appellant. en-us Mon, 15 Oct 2012 00:00:00 +0530 Wed, 27 Nov 2013 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217733 The Tribunal dismissed the appellant's grounds challenging the assessment under Section 144 and upheld the addition of Rs. 12,99,850 under Section 68 for unexplained cash deposits. The case was remanded to the Assessing Officer for the appellant to establish the connection between business receipts and cash deposits. The appeal was partially allowed for statistical purposes, with instructions for the AO to issue orders based on the evidence presented by the appellant. Case-Laws Income Tax Mon, 15 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217733