https://www.taxtmi.com/caselaws?id=343863 The appeal was dismissed by the Tribunal as the appellant failed to adequately explain unexplained cash deposits in the bank account and provide documentary evidence supporting the claimed sources of income. Despite citing a Supreme Court decision regarding a forfeited advance for land sale, the appellant's failure to produce necessary documentation and confirmations resulted in the confirmation of the additions to their income. The Tribunal found the appellant's explanations lacking in credibility and insufficient to justify the unexplained cash deposits, leading to the dismissal of the appeal. en-us Thu, 01 Jun 2017 00:00:00 +0530 Sat, 03 Jun 2017 06:21:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343863 The appeal was dismissed by the Tribunal as the appellant failed to adequately explain unexplained cash deposits in the bank account and provide documentary evidence supporting the claimed sources of income. Despite citing a Supreme Court decision regarding a forfeited advance for land sale, the appellant's failure to produce necessary documentation and confirmations resulted in the confirmation of the additions to their income. The Tribunal found the appellant's explanations lacking in credibility and insufficient to justify the unexplained cash deposits, leading to the dismissal of the appeal. Case-Laws Income Tax Thu, 01 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343863