https://www.taxtmi.com/caselaws?id=396822 The ITAT allowed the appeal of the assessee, directing the Assessing Officer to review the cash withdrawals statement in comparison to the bank statement. If the withdrawals covered the deposits, the source of the deposit should be accepted. The assessee was granted a reasonable opportunity for verification of the documents. The appeal was treated as allowed for statistical purposes, with the order pronounced on 03.06.2020. en-us Wed, 03 Jun 2020 00:00:00 +0530 Tue, 21 Jul 2020 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396822 The ITAT allowed the appeal of the assessee, directing the Assessing Officer to review the cash withdrawals statement in comparison to the bank statement. If the withdrawals covered the deposits, the source of the deposit should be accepted. The assessee was granted a reasonable opportunity for verification of the documents. The appeal was treated as allowed for statistical purposes, with the order pronounced on 03.06.2020. Case-Laws Income Tax Wed, 03 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396822