https://www.taxtmi.com/caselaws?id=404540 The tribunal dismissed the appellant's appeal, upholding the addition of the cash deposits to his income under section 69 of the Income Tax Act. The appellant failed to provide satisfactory evidence regarding the source of the cash deposits, leading to doubts about the credibility of his explanation. Discrepancies in statements and lack of evidence of the client's creditworthiness further weakened the appellant's case. The tribunal found no merit in the appellant's arguments, confirming the decision of the lower authorities and affirming the addition of the disputed amount to his income. en-us Wed, 17 Feb 2021 00:00:00 +0530 Thu, 25 Feb 2021 09:10:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404540 The tribunal dismissed the appellant's appeal, upholding the addition of the cash deposits to his income under section 69 of the Income Tax Act. The appellant failed to provide satisfactory evidence regarding the source of the cash deposits, leading to doubts about the credibility of his explanation. Discrepancies in statements and lack of evidence of the client's creditworthiness further weakened the appellant's case. The tribunal found no merit in the appellant's arguments, confirming the decision of the lower authorities and affirming the addition of the disputed amount to his income. Case-Laws Income Tax Wed, 17 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404540