https://www.taxtmi.com/caselaws?id=337899 The ITAT allowed the appeal for statistical purposes, emphasizing the necessity for a thorough consideration of evidence in determining the source of a cash deposit in the bank account. The ITAT found that the tax authorities failed to adequately address crucial material facts and evidence provided by the assessee, leading to the setting aside of the previous order. The AO was directed to issue a fresh order after properly evaluating all relevant evidence and granting the assessee a fair opportunity to present their case. en-us Tue, 17 Jan 2017 00:00:00 +0530 Fri, 20 Jan 2017 07:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337899 The ITAT allowed the appeal for statistical purposes, emphasizing the necessity for a thorough consideration of evidence in determining the source of a cash deposit in the bank account. The ITAT found that the tax authorities failed to adequately address crucial material facts and evidence provided by the assessee, leading to the setting aside of the previous order. The AO was directed to issue a fresh order after properly evaluating all relevant evidence and granting the assessee a fair opportunity to present their case. Case-Laws Income Tax Tue, 17 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337899