https://www.taxtmi.com/caselaws?id=239090 The Tribunal upheld the CIT(A)'s decisions in various appeals concerning disputed additions of unexplained investments and the utilization of withdrawn amounts for subsequent investments. The consistent reliance on cash flow statements provided by the assessee to explain the sources of deposits and investments led to the deletion of additions made by the Assessing Officer. The Revenue failed to provide evidence to counter these explanations, resulting in the dismissal of the Revenue's appeals for all cases across different assessment years. en-us Wed, 04 Sep 2013 00:00:00 +0530 Wed, 06 Nov 2013 07:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239090 The Tribunal upheld the CIT(A)'s decisions in various appeals concerning disputed additions of unexplained investments and the utilization of withdrawn amounts for subsequent investments. The consistent reliance on cash flow statements provided by the assessee to explain the sources of deposits and investments led to the deletion of additions made by the Assessing Officer. The Revenue failed to provide evidence to counter these explanations, resulting in the dismissal of the Revenue's appeals for all cases across different assessment years. Case-Laws Income Tax Wed, 04 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239090