https://www.taxtmi.com/caselaws?id=378584 The Tribunal allowed the appeal of the assessee, deleting the addition of Rs. 15,37,400 made by the Assessing Officer. The Tribunal found that the cash deposits were adequately explained through evidence of business activities and disclosed interest income. It concluded that the addition was unjustified, overturning the lower authorities' decisions and removing the entire amount from the assessment. en-us Tue, 16 Apr 2019 00:00:00 +0530 Thu, 18 Apr 2019 08:24:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378584 The Tribunal allowed the appeal of the assessee, deleting the addition of Rs. 15,37,400 made by the Assessing Officer. The Tribunal found that the cash deposits were adequately explained through evidence of business activities and disclosed interest income. It concluded that the addition was unjustified, overturning the lower authorities' decisions and removing the entire amount from the assessment. Case-Laws Income Tax Tue, 16 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378584