https://www.taxtmi.com/caselaws?id=234771 The Tribunal allowed the appeal, directing the Assessing Officer to delete the addition of unexplained credits in the bank account. The Tribunal emphasized the importance of concrete evidence over presumption and suspicion in determining the utilization of withdrawn amounts for deposits. The decision was pronounced on 17-06-2013. en-us Mon, 17 Jun 2013 00:00:00 +0530 Thu, 27 Jun 2013 08:12:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234771 The Tribunal allowed the appeal, directing the Assessing Officer to delete the addition of unexplained credits in the bank account. The Tribunal emphasized the importance of concrete evidence over presumption and suspicion in determining the utilization of withdrawn amounts for deposits. The decision was pronounced on 17-06-2013. Case-Laws Income Tax Mon, 17 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234771