https://www.taxtmi.com/caselaws?id=242267 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decision to not add Rs.12,28,000 under section 68 of the Income Tax Act as income from undisclosed sources. The Tribunal found the deposited amounts were explained despite time gaps between withdrawals and deposits. Additionally, the deduction under section 80C was allowed based on the Form No-16 provided by the employer. en-us Fri, 08 Feb 2013 00:00:00 +0530 Sat, 11 Jan 2014 05:31:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242267 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decision to not add Rs.12,28,000 under section 68 of the Income Tax Act as income from undisclosed sources. The Tribunal found the deposited amounts were explained despite time gaps between withdrawals and deposits. Additionally, the deduction under section 80C was allowed based on the Form No-16 provided by the employer. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242267