https://www.taxtmi.com/caselaws?id=187633 The Tribunal set aside the addition of Rs. 15,00,000 as unexplained deposit to the assessee's total income, directing the Assessing Officer to conduct a detailed inquiry into the transaction, including verification of sale deeds and the utilization of the deposited amount. The appeal was allowed for statistical purposes, with instructions for re-evaluation after allowing the assessee an opportunity to present their case. en-us Fri, 30 Oct 2015 00:00:00 +0530 Sat, 29 Oct 2016 11:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187633 The Tribunal set aside the addition of Rs. 15,00,000 as unexplained deposit to the assessee's total income, directing the Assessing Officer to conduct a detailed inquiry into the transaction, including verification of sale deeds and the utilization of the deposited amount. The appeal was allowed for statistical purposes, with instructions for re-evaluation after allowing the assessee an opportunity to present their case. Case-Laws Income Tax Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187633