https://www.taxtmi.com/caselaws?id=179659 The HC dismissed the appeal, affirming the Tribunal's decisions on both issues. For the first issue, the Tribunal allowed the appeal of the assessee concerning the addition of Rs. 2,55,685 under section 68, citing sufficient available cash and reliable Books of Account. Regarding the second issue, the Tribunal overturned the addition of Rs. 30,00,000 as unaccounted investment under section 69, recognizing the legitimacy of the cash withdrawal and deposit with M/s. J.B. Upadhyay. The HC found no substantial questions of law, underscoring the Tribunal's reliance on factual findings and absence of legal errors. en-us Wed, 17 Sep 2008 00:00:00 +0530 Wed, 22 Nov 2023 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179659 The HC dismissed the appeal, affirming the Tribunal's decisions on both issues. For the first issue, the Tribunal allowed the appeal of the assessee concerning the addition of Rs. 2,55,685 under section 68, citing sufficient available cash and reliable Books of Account. Regarding the second issue, the Tribunal overturned the addition of Rs. 30,00,000 as unaccounted investment under section 69, recognizing the legitimacy of the cash withdrawal and deposit with M/s. J.B. Upadhyay. The HC found no substantial questions of law, underscoring the Tribunal's reliance on factual findings and absence of legal errors. Case-Laws Income Tax Wed, 17 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179659