https://www.taxtmi.com/caselaws?id=241960 The ITAT Hyderabad remitted the case back to the Assessing Officer for fresh consideration as the assessee failed to establish a clear link between cash withdrawals and subsequent bank deposits. The appeal was allowed for statistical purposes, emphasizing the importance of providing concrete evidence to substantiate claims regarding cash transactions to avoid adverse tax implications. en-us Fri, 20 Dec 2013 00:00:00 +0530 Sat, 04 Jan 2014 06:42:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241960 The ITAT Hyderabad remitted the case back to the Assessing Officer for fresh consideration as the assessee failed to establish a clear link between cash withdrawals and subsequent bank deposits. The appeal was allowed for statistical purposes, emphasizing the importance of providing concrete evidence to substantiate claims regarding cash transactions to avoid adverse tax implications. Case-Laws Income Tax Fri, 20 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241960