https://www.taxtmi.com/caselaws?id=186265 The Tribunal upheld the decision of Ld CIT(A) to delete the addition of Rs. 1.35 crore u/s 68 of the Income Tax Act, emphasizing the importance of establishing a nexus between the creditor's deposits and the assessee's income from undisclosed sources. The burden of proof was deemed fulfilled by the assessee through submitted evidence, leading to the dismissal of the revenue's appeal. en-us Fri, 11 May 2012 00:00:00 +0530 Tue, 13 Sep 2016 11:54:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186265 The Tribunal upheld the decision of Ld CIT(A) to delete the addition of Rs. 1.35 crore u/s 68 of the Income Tax Act, emphasizing the importance of establishing a nexus between the creditor's deposits and the assessee's income from undisclosed sources. The burden of proof was deemed fulfilled by the assessee through submitted evidence, leading to the dismissal of the revenue's appeal. Case-Laws Income Tax Fri, 11 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186265