https://www.taxtmi.com/caselaws?id=343904 The Tribunal allowed the appeal of the assessee regarding the addition of cash deposits in a Standard Chartered Bank, recognizing the explanation provided. The Revenue's appeal against the deletion of an addition in a joint bank account was dismissed as the CIT(A)'s decision was upheld. In an ex-parte order, the Tribunal remanded the issue of cash deposits for further adjudication. The addition of alleged undisclosed interest income was directed to be reexamined. The final judgments resulted in the dismissal of the Revenue's appeal for one assessment year and the allowance of the assessee's appeals for others. en-us Wed, 31 May 2017 00:00:00 +0530 Mon, 05 Jun 2017 07:10:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343904 The Tribunal allowed the appeal of the assessee regarding the addition of cash deposits in a Standard Chartered Bank, recognizing the explanation provided. The Revenue's appeal against the deletion of an addition in a joint bank account was dismissed as the CIT(A)'s decision was upheld. In an ex-parte order, the Tribunal remanded the issue of cash deposits for further adjudication. The addition of alleged undisclosed interest income was directed to be reexamined. The final judgments resulted in the dismissal of the Revenue's appeal for one assessment year and the allowance of the assessee's appeals for others. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343904