https://www.taxtmi.com/caselaws?id=382685 The Tribunal allowed the appellant's appeal, ruling against the addition of Rs. 60,00,000 to income under section 69A of the IT Act. It found the amount was properly disclosed and taxed in a prior assessment year, rejecting the AO's claim of unexplained income. The Tribunal directed the deletion of the addition, emphasizing the appellant's compliance with tax obligations and supporting documentation for the source of the funds. en-us Fri, 28 Jun 2019 00:00:00 +0530 Tue, 09 Jul 2019 08:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382685 The Tribunal allowed the appellant's appeal, ruling against the addition of Rs. 60,00,000 to income under section 69A of the IT Act. It found the amount was properly disclosed and taxed in a prior assessment year, rejecting the AO's claim of unexplained income. The Tribunal directed the deletion of the addition, emphasizing the appellant's compliance with tax obligations and supporting documentation for the source of the funds. Case-Laws Income Tax Fri, 28 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382685