https://www.taxtmi.com/caselaws?id=376552 The Tribunal dismissed the appellant's appeal, upholding the order confirming the addition under section 69A of the Income Tax Act. The Tribunal emphasized the need for the appellant to satisfactorily explain the source of cash deposits, rejecting additional evidence regarding visa arrangements as irrelevant. The Tribunal highlighted the absence of material or lender confirmation, distinguishing the case from precedents and affirming the labour contractor's income-earning capacity. Ultimately, the Tribunal upheld the addition, citing legal provisions and precedents to support its decision. en-us Fri, 08 Mar 2019 00:00:00 +0530 Tue, 12 Mar 2019 08:15:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376552 The Tribunal dismissed the appellant's appeal, upholding the order confirming the addition under section 69A of the Income Tax Act. The Tribunal emphasized the need for the appellant to satisfactorily explain the source of cash deposits, rejecting additional evidence regarding visa arrangements as irrelevant. The Tribunal highlighted the absence of material or lender confirmation, distinguishing the case from precedents and affirming the labour contractor's income-earning capacity. Ultimately, the Tribunal upheld the addition, citing legal provisions and precedents to support its decision. Case-Laws Income Tax Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376552