https://www.taxtmi.com/caselaws?id=406038 The Tribunal concluded that the addition of unexplained deposits in the assessee's bank account should be deleted. The Tribunal accepted the explanation that the deposits were sourced from the dairy business, as declared in the return of income. Therefore, the appeal filed by the assessee was allowed, and the Tribunal found no merit in the addition made by the Assessing Officer. Other legal grounds raised by the assessee were considered irrelevant in light of this decision. en-us Wed, 10 Mar 2021 00:00:00 +0530 Mon, 05 Apr 2021 09:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406038 The Tribunal concluded that the addition of unexplained deposits in the assessee's bank account should be deleted. The Tribunal accepted the explanation that the deposits were sourced from the dairy business, as declared in the return of income. Therefore, the appeal filed by the assessee was allowed, and the Tribunal found no merit in the addition made by the Assessing Officer. Other legal grounds raised by the assessee were considered irrelevant in light of this decision. Case-Laws Income Tax Wed, 10 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406038