https://www.taxtmi.com/caselaws?id=392836 The Tribunal allowed the appeals filed by the assessee for statistical purposes, directing the AO to verify the cash/bank book entries concerning cash deposits and their correlation with the declared income. The Tribunal acknowledged the assessee's inability to produce records during assessment due to floods and accepted the remand report confirming the damage to records. Verification of the sources of cash deposits was deemed necessary, leading to the matter being remanded to the AO for limited verification. en-us Thu, 27 Feb 2020 00:00:00 +0530 Sat, 29 Feb 2020 11:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392836 The Tribunal allowed the appeals filed by the assessee for statistical purposes, directing the AO to verify the cash/bank book entries concerning cash deposits and their correlation with the declared income. The Tribunal acknowledged the assessee's inability to produce records during assessment due to floods and accepted the remand report confirming the damage to records. Verification of the sources of cash deposits was deemed necessary, leading to the matter being remanded to the AO for limited verification. Case-Laws Income Tax Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392836