https://www.taxtmi.com/caselaws?id=188758 The Tribunal upheld the decision of the ld. CIT(A) in a case where the Revenue appealed against the restriction of an addition under section 69A of the Income Tax Act. The ld. CIT(A) had limited the addition to Rs. 3,52,325 out of the total addition of Rs. 35,23,329 made by the AO concerning unexplained deposits in a savings bank account with IDBI. The Tribunal considered similar cases and upheld the decision of the ld. CIT(A) based on the principles applied in those cases, ultimately dismissing the Revenue's appeal. en-us Fri, 01 Jan 2016 00:00:00 +0530 Thu, 15 Dec 2016 12:57:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188758 The Tribunal upheld the decision of the ld. CIT(A) in a case where the Revenue appealed against the restriction of an addition under section 69A of the Income Tax Act. The ld. CIT(A) had limited the addition to Rs. 3,52,325 out of the total addition of Rs. 35,23,329 made by the AO concerning unexplained deposits in a savings bank account with IDBI. The Tribunal considered similar cases and upheld the decision of the ld. CIT(A) based on the principles applied in those cases, ultimately dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188758