https://www.taxtmi.com/caselaws?id=337485 The Tribunal allowed the appeal against the assessment order for AY 2009-10, deleting the addition of Rs. 25,07,700 as unexplained cash deposit in the Andhra Bank account. The Tribunal found that the assessee adequately explained the deposit as proceeds from the sale of agricultural land, supported by documentary evidence. The addition made by the CIT(A) was deemed unjustified, leading to the deletion of the disputed amount. en-us Mon, 26 Dec 2016 00:00:00 +0530 Tue, 10 Jan 2017 07:25:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337485 The Tribunal allowed the appeal against the assessment order for AY 2009-10, deleting the addition of Rs. 25,07,700 as unexplained cash deposit in the Andhra Bank account. The Tribunal found that the assessee adequately explained the deposit as proceeds from the sale of agricultural land, supported by documentary evidence. The addition made by the CIT(A) was deemed unjustified, leading to the deletion of the disputed amount. Case-Laws Income Tax Mon, 26 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337485