https://www.taxtmi.com/caselaws?id=404797 The Tribunal allowed the appeal partially, ruling in favor of the assessee on issues related to unexplained investments of Rs. 17,10,000 and Rs. 5,00,000 under section 69 of the I.T. Act. The Tribunal found that the investments were explained or made in a previous assessment year. However, the addition of Rs. 50,000 under Section 68 for unexplained cash credits in the bank account was upheld due to the lack of specific details provided by the assessee regarding the source of the cash deposit. en-us Tue, 02 Mar 2021 00:00:00 +0530 Thu, 04 Mar 2021 08:27:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404797 The Tribunal allowed the appeal partially, ruling in favor of the assessee on issues related to unexplained investments of Rs. 17,10,000 and Rs. 5,00,000 under section 69 of the I.T. Act. The Tribunal found that the investments were explained or made in a previous assessment year. However, the addition of Rs. 50,000 under Section 68 for unexplained cash credits in the bank account was upheld due to the lack of specific details provided by the assessee regarding the source of the cash deposit. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404797