https://www.taxtmi.com/caselaws?id=404146 The Tribunal upheld the CIT(A)'s decision to delete the addition towards unexplained bank credit entries, finding the entries were duly explained and correctly calculated. The Tribunal noted the credible sources of the major credit entries and declined to interfere with the CIT(A)'s order. Additionally, the Tribunal dismissed the revenue's appeal regarding the deletion of the addition towards undisclosed income from the sale of flats on a protective basis, citing a related case precedent. The Tribunal's decision was pronounced in the Open Court on 10/02/2021. en-us Wed, 10 Feb 2021 00:00:00 +0530 Tue, 16 Feb 2021 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404146 The Tribunal upheld the CIT(A)'s decision to delete the addition towards unexplained bank credit entries, finding the entries were duly explained and correctly calculated. The Tribunal noted the credible sources of the major credit entries and declined to interfere with the CIT(A)'s order. Additionally, the Tribunal dismissed the revenue's appeal regarding the deletion of the addition towards undisclosed income from the sale of flats on a protective basis, citing a related case precedent. The Tribunal's decision was pronounced in the Open Court on 10/02/2021. Case-Laws Income Tax Wed, 10 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404146