https://www.taxtmi.com/caselaws?id=264374 The Appellate Tribunal ITAT Pune partially allowed the appeals of the assessees challenging the addition made by the Assessing Officer for cash deposits in their saving bank accounts. The Tribunal found discrepancies in the evidence presented by the assessees regarding the source of funds from sales of assets like live stock, shesham trees, and agricultural produce. While confirming the addition for cash receipts from the sale of live stock, the Tribunal remitted the case back to the Assessing Officer for a fresh assessment with instructions to verify the authenticity of transactions and consider relevant documents provided by the assessees. en-us Wed, 10 Jun 2015 00:00:00 +0530 Thu, 24 Sep 2015 09:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264374 The Appellate Tribunal ITAT Pune partially allowed the appeals of the assessees challenging the addition made by the Assessing Officer for cash deposits in their saving bank accounts. The Tribunal found discrepancies in the evidence presented by the assessees regarding the source of funds from sales of assets like live stock, shesham trees, and agricultural produce. While confirming the addition for cash receipts from the sale of live stock, the Tribunal remitted the case back to the Assessing Officer for a fresh assessment with instructions to verify the authenticity of transactions and consider relevant documents provided by the assessees. Case-Laws Income Tax Wed, 10 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264374