https://www.taxtmi.com/caselaws?id=249563 The appeal by Revenue challenging the deletion of additions made by the Assessing Officer was dismissed by the Tribunal due to perceived non-application of mind in preferring the second appeal. The Ld. CIT(A) granted relief on certain amounts of cash deposits and transfers/credits in the bank accounts after considering explanations and evidence provided by the assessee. The Assessing Officer's additions based on unexplained credits in HDFC Bank and ICICI Bank were partially deleted by the Ld. CIT(A) following a detailed examination of the sources of these deposits and credits. en-us Wed, 09 Jul 2014 00:00:00 +0530 Thu, 17 Jul 2014 08:37:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249563 The appeal by Revenue challenging the deletion of additions made by the Assessing Officer was dismissed by the Tribunal due to perceived non-application of mind in preferring the second appeal. The Ld. CIT(A) granted relief on certain amounts of cash deposits and transfers/credits in the bank accounts after considering explanations and evidence provided by the assessee. The Assessing Officer's additions based on unexplained credits in HDFC Bank and ICICI Bank were partially deleted by the Ld. CIT(A) following a detailed examination of the sources of these deposits and credits. Case-Laws Income Tax Wed, 09 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249563