https://www.taxtmi.com/caselaws?id=218919 The Tribunal upheld the deletion of additions of unexplained cash deposits amounting to Rs.10,60,000 and Rs.7,70,000 made by the appellant, a real estate firm. The appellant successfully explained that the cash deposits were sourced from remuneration and profits from another firm, with partners withdrawing and depositing cash on the same dates. The Tribunal found the explanations satisfactory and dismissed the Revenue's appeal, ruling in favor of the appellant. en-us Wed, 18 Jan 2012 00:00:00 +0530 Thu, 29 Nov 2012 08:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218919 The Tribunal upheld the deletion of additions of unexplained cash deposits amounting to Rs.10,60,000 and Rs.7,70,000 made by the appellant, a real estate firm. The appellant successfully explained that the cash deposits were sourced from remuneration and profits from another firm, with partners withdrawing and depositing cash on the same dates. The Tribunal found the explanations satisfactory and dismissed the Revenue's appeal, ruling in favor of the appellant. Case-Laws Income Tax Wed, 18 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218919