https://www.taxtmi.com/caselaws?id=254214 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal. The Tribunal found no merit in the departmental appeal, noting that the CIT(A) did not admit any new evidence but rather considered the existing bank account, registration certificates, and computation of income filed with the return of income. The Tribunal agreed with the CIT(A)'s estimation of income and the explanation that the cash deposits were from the transport business. The appeal was dismissed, and the CIT(A)'s order was affirmed. en-us Fri, 14 Feb 2014 00:00:00 +0530 Tue, 16 Dec 2014 06:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254214 The Tribunal upheld the CIT(A)'s decision, dismissing the Revenue's appeal. The Tribunal found no merit in the departmental appeal, noting that the CIT(A) did not admit any new evidence but rather considered the existing bank account, registration certificates, and computation of income filed with the return of income. The Tribunal agreed with the CIT(A)'s estimation of income and the explanation that the cash deposits were from the transport business. The appeal was dismissed, and the CIT(A)'s order was affirmed. Case-Laws Income Tax Fri, 14 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254214