https://www.taxtmi.com/caselaws?id=402258 The appeal of the assessee was allowed, subject to verification, with the addition of Rs. 5,00,000 sent for verification due to the lack of proof of deposit in the assessee's bank account. The addition of Rs. 2.20 crores was dependent on the verification outcome of the Rs. 5,00,000 addition. Grounds 3 to 5 were not separately adjudicated as they became academic. The tribunal directed verification regarding the additions, and the appeal outcome favored the assessee. en-us Wed, 21 Oct 2020 00:00:00 +0530 Mon, 28 Dec 2020 09:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402258 The appeal of the assessee was allowed, subject to verification, with the addition of Rs. 5,00,000 sent for verification due to the lack of proof of deposit in the assessee's bank account. The addition of Rs. 2.20 crores was dependent on the verification outcome of the Rs. 5,00,000 addition. Grounds 3 to 5 were not separately adjudicated as they became academic. The tribunal directed verification regarding the additions, and the appeal outcome favored the assessee. Case-Laws Income Tax Wed, 21 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402258