https://www.taxtmi.com/caselaws?id=342042 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s additions of Rs. 25,73,500/- for unexplained cash deposits and Rs. 31,565/- for differential interest. The appellant, a company director, failed to sufficiently prove the sources of these amounts despite presenting evidence. The Tribunal found discrepancies in the evidence provided and deemed the explanations inadequate, leading to the dismissal of the appeal. en-us Wed, 12 Apr 2017 00:00:00 +0530 Mon, 24 Apr 2017 07:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342042 The Appellate Tribunal upheld the Commissioner of Income Tax (Appeals)'s additions of Rs. 25,73,500/- for unexplained cash deposits and Rs. 31,565/- for differential interest. The appellant, a company director, failed to sufficiently prove the sources of these amounts despite presenting evidence. The Tribunal found discrepancies in the evidence provided and deemed the explanations inadequate, leading to the dismissal of the appeal. Case-Laws Income Tax Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342042