https://www.taxtmi.com/caselaws?id=290244 The Appellate Tribunal ITAT Jaipur ruled in favor of the assessee, holding that the addition of undisclosed income amounting to Rs. 2,59,140 based on unexplained cash found during survey proceedings was unjustified. The Tribunal found that the cash found at a different location belonged to a sister concern of the assessee, and the assessee had adequately explained the source of the cash. Therefore, the addition made by the Assessing Officer was deleted, allowing the appeal of the assessee. en-us Mon, 02 Sep 2019 00:00:00 +0530 Wed, 16 Sep 2020 11:09:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290244 The Appellate Tribunal ITAT Jaipur ruled in favor of the assessee, holding that the addition of undisclosed income amounting to Rs. 2,59,140 based on unexplained cash found during survey proceedings was unjustified. The Tribunal found that the cash found at a different location belonged to a sister concern of the assessee, and the assessee had adequately explained the source of the cash. Therefore, the addition made by the Assessing Officer was deleted, allowing the appeal of the assessee. Case-Laws Income Tax Mon, 02 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290244