https://www.taxtmi.com/caselaws?id=403245 The Tribunal partially allowed the appeal, directing the deletion of the addition of Rs. 8,75,500. It found the cash deposits were legitimate and ordered the profit embedded in the disputed amount to be taxed at 8% in accordance with Section 44AD of the Income Tax Act. en-us Wed, 20 Jan 2021 00:00:00 +0530 Thu, 21 Jan 2021 21:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403245 The Tribunal partially allowed the appeal, directing the deletion of the addition of Rs. 8,75,500. It found the cash deposits were legitimate and ordered the profit embedded in the disputed amount to be taxed at 8% in accordance with Section 44AD of the Income Tax Act. Case-Laws Income Tax Wed, 20 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403245