https://www.taxtmi.com/caselaws?id=391971 Cash deposits in a bank account were treated as assessable under section 68 where the assessee failed to prove the genuineness of the alleged sources or the creditworthiness of the persons said to have provided the funds, so the addition was sustained. The Tribunal also held that enhancement by the first appellate authority was unsustainable because no prior notice or opportunity to show cause had been given under section 251(2), and the enhancement was deleted on natural justice grounds. The addition for bank interest was upheld because it was taxable as income from other sources and no separate ground was shown to disturb it. en-us Mon, 13 Jan 2020 00:00:00 +0530 Tue, 16 Sep 2025 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391971 Cash deposits in a bank account were treated as assessable under section 68 where the assessee failed to prove the genuineness of the alleged sources or the creditworthiness of the persons said to have provided the funds, so the addition was sustained. The Tribunal also held that enhancement by the first appellate authority was unsustainable because no prior notice or opportunity to show cause had been given under section 251(2), and the enhancement was deleted on natural justice grounds. The addition for bank interest was upheld because it was taxable as income from other sources and no separate ground was shown to disturb it. Case-Laws Income Tax Mon, 13 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391971