https://www.taxtmi.com/caselaws?id=367280 The Appellate Tribunal allowed the appeal, deleting the addition of Rs. 6,89,000/- as undisclosed income. The Tribunal accepted explanations for cash deposits totaling Rs. 4,29,000/- as savings from previous years and found insufficient evidence to justify the remaining Rs. 2,60,000/- added by the Assessing Officer, ultimately ruling in favor of the assessee due to the adequacy of explanations and lack of supporting evidence for the additions made by the lower authorities. en-us Wed, 12 Sep 2018 00:00:00 +0530 Tue, 18 Sep 2018 08:02:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367280 The Appellate Tribunal allowed the appeal, deleting the addition of Rs. 6,89,000/- as undisclosed income. The Tribunal accepted explanations for cash deposits totaling Rs. 4,29,000/- as savings from previous years and found insufficient evidence to justify the remaining Rs. 2,60,000/- added by the Assessing Officer, ultimately ruling in favor of the assessee due to the adequacy of explanations and lack of supporting evidence for the additions made by the lower authorities. Case-Laws Income Tax Wed, 12 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367280