https://www.taxtmi.com/caselaws?id=262741 The appeal against the ITAT's order on the addition of unexplained income by the AO for the assessment year 2008-09 was dismissed. The ITAT allowed the Revenue's appeal, setting aside the CIT (Appeals) order that deleted the addition of Rs. 24,06,600 by the Assessing Officer. The Assessee's explanations for cash deposits were found unsatisfactory, with the Appellant failing to provide adequate proof of income sources. The Court upheld the ITAT's decision, dismissing the appeal and application, as no substantial question of law requiring examination was found. en-us Tue, 04 Aug 2015 00:00:00 +0530 Wed, 19 Aug 2015 07:47:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262741 The appeal against the ITAT's order on the addition of unexplained income by the AO for the assessment year 2008-09 was dismissed. The ITAT allowed the Revenue's appeal, setting aside the CIT (Appeals) order that deleted the addition of Rs. 24,06,600 by the Assessing Officer. The Assessee's explanations for cash deposits were found unsatisfactory, with the Appellant failing to provide adequate proof of income sources. The Court upheld the ITAT's decision, dismissing the appeal and application, as no substantial question of law requiring examination was found. Case-Laws Income Tax Tue, 04 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262741