https://www.taxtmi.com/caselaws?id=372038 The Appellate Tribunal allowed the appeal, directing the deletion of the addition made on account of unexplained cash deposits. The Tribunal found that the assessee adequately explained the source of the cash deposits with evidence, including salary certificates and land ownership documents, which the Ld. CIT(Appeals) had disregarded. The Tribunal concluded that the addition was not sustainable due to lack of proper basis and upheld that the assessee provided satisfactory evidence supporting the source of the cash deposits. en-us Fri, 15 Jun 2018 00:00:00 +0530 Mon, 17 Dec 2018 06:38:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372038 The Appellate Tribunal allowed the appeal, directing the deletion of the addition made on account of unexplained cash deposits. The Tribunal found that the assessee adequately explained the source of the cash deposits with evidence, including salary certificates and land ownership documents, which the Ld. CIT(Appeals) had disregarded. The Tribunal concluded that the addition was not sustainable due to lack of proper basis and upheld that the assessee provided satisfactory evidence supporting the source of the cash deposits. Case-Laws Income Tax Fri, 15 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372038