https://www.taxtmi.com/caselaws?id=405670 The appeal was allowed for statistical purposes, and the case was remanded back to the Assessing Officer by the ITAT for reconsideration of the addition made under section 68 of the IT Act. The ITAT emphasized the necessity for a proper explanation and directed the assessee to provide the required evidences regarding the difference in the capital account balance. en-us Fri, 19 Mar 2021 00:00:00 +0530 Thu, 25 Mar 2021 09:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405670 The appeal was allowed for statistical purposes, and the case was remanded back to the Assessing Officer by the ITAT for reconsideration of the addition made under section 68 of the IT Act. The ITAT emphasized the necessity for a proper explanation and directed the assessee to provide the required evidences regarding the difference in the capital account balance. Case-Laws Income Tax Fri, 19 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405670