https://www.taxtmi.com/caselaws?id=407331 The appeal was filed against the Commissioner of Income Tax (Appeals) order regarding the addition of cash deposits in bank accounts for the A.Y. 2014-15 due to failure to explain the source of deposits. The CIT(A) did not consider the explanation provided by the assessee, leading to an appeal to the ITAT. The ITAT allowed the appeal for statistical purposes, admitting additional evidence and remitting the matter back to the CIT(A) for a fresh decision based on the new evidence. The ITAT emphasized the need for cooperation from the assessee in further proceedings to avoid adverse consequences. en-us Thu, 29 Apr 2021 00:00:00 +0530 Fri, 07 May 2021 08:05:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407331 The appeal was filed against the Commissioner of Income Tax (Appeals) order regarding the addition of cash deposits in bank accounts for the A.Y. 2014-15 due to failure to explain the source of deposits. The CIT(A) did not consider the explanation provided by the assessee, leading to an appeal to the ITAT. The ITAT allowed the appeal for statistical purposes, admitting additional evidence and remitting the matter back to the CIT(A) for a fresh decision based on the new evidence. The ITAT emphasized the need for cooperation from the assessee in further proceedings to avoid adverse consequences. Case-Laws Income Tax Thu, 29 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407331