https://www.taxtmi.com/caselaws?id=260105 The Tribunal upheld the addition of &8377; 60 lakhs as unexplained income of the assessee for the AY 2009-10. Despite the assessee's argument that another individual was responsible for the deposits, the Tribunal found insufficient evidence linking the disputed amount to that individual. The Tribunal emphasized the burden of proof on the assessee to establish the source of the deposits, ultimately dismissing the appeal and affirming the addition of &8377; 60 lakhs at the hands of the assessee. en-us Wed, 01 Apr 2015 00:00:00 +0530 Tue, 02 Jun 2015 06:00:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260105 The Tribunal upheld the addition of &8377; 60 lakhs as unexplained income of the assessee for the AY 2009-10. Despite the assessee's argument that another individual was responsible for the deposits, the Tribunal found insufficient evidence linking the disputed amount to that individual. The Tribunal emphasized the burden of proof on the assessee to establish the source of the deposits, ultimately dismissing the appeal and affirming the addition of &8377; 60 lakhs at the hands of the assessee. Case-Laws Income Tax Wed, 01 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260105