https://www.taxtmi.com/caselaws?id=388773 The ITAT Delhi ruled in favor of the assessee on all three issues. The Tribunal directed the assessing officer to delete the disallowance of depreciation on the car purchased for business purposes, the addition of cash deposited in the savings bank account supported by evidence of a car sale, and the addition of low household withdrawal due to lack of unaccounted expenses. en-us Mon, 14 Oct 2019 00:00:00 +0530 Fri, 22 Nov 2019 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388773 The ITAT Delhi ruled in favor of the assessee on all three issues. The Tribunal directed the assessing officer to delete the disallowance of depreciation on the car purchased for business purposes, the addition of cash deposited in the savings bank account supported by evidence of a car sale, and the addition of low household withdrawal due to lack of unaccounted expenses. Case-Laws Income Tax Mon, 14 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388773