https://www.taxtmi.com/caselaws?id=254671 The ITAT partially allowed the assessee's appeal, confirming the addition of Rs. 1,45,863 out of the total disputed amount of Rs. 9,65,000. The court emphasized the need for evidence to support sources of deposits and withdrawals to prevent unexplained income additions under the Income Tax Act. The department's appeal against the deletions made by CIT(A) regarding cheque/RTGS amounts, cash loan, and deposits from earlier withdrawals was dismissed by the ITAT. en-us Wed, 10 Dec 2014 00:00:00 +0530 Sun, 28 Dec 2014 19:02:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254671 The ITAT partially allowed the assessee's appeal, confirming the addition of Rs. 1,45,863 out of the total disputed amount of Rs. 9,65,000. The court emphasized the need for evidence to support sources of deposits and withdrawals to prevent unexplained income additions under the Income Tax Act. The department's appeal against the deletions made by CIT(A) regarding cheque/RTGS amounts, cash loan, and deposits from earlier withdrawals was dismissed by the ITAT. Case-Laws Income Tax Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254671