https://www.taxtmi.com/caselaws?id=280976 The Appellate Tribunal upheld the addition of Rs. 20,79,000 as unexplained cash deposits in the bank account under section 69 of the Income Tax Act. The Tribunal found the explanation provided by the assessee implausible based on the analysis of cash flow and inconsistent deposit patterns. The appeal was dismissed, affirming the Commissioner of Income Tax (Appeals) decision. en-us Fri, 14 Dec 2018 00:00:00 +0530 Wed, 29 May 2019 06:54:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280976 The Appellate Tribunal upheld the addition of Rs. 20,79,000 as unexplained cash deposits in the bank account under section 69 of the Income Tax Act. The Tribunal found the explanation provided by the assessee implausible based on the analysis of cash flow and inconsistent deposit patterns. The appeal was dismissed, affirming the Commissioner of Income Tax (Appeals) decision. Case-Laws Income Tax Fri, 14 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280976