https://www.taxtmi.com/caselaws?id=408080 The Tribunal allowed the appeal partly by deleting the addition of Rs. 18,45,060 as unexplained income under Section 69A. The Tribunal found the assessee's explanation regarding the source of cash deposits plausible and supported by evidence, emphasizing the significant agricultural income and past savings. As a result, the charging of interest under Sections 234A, 234B, 234C, and 234D, and withdrawal of interest under Section 244A were no longer relevant. The order was pronounced on 24th May 2021. en-us Mon, 24 May 2021 00:00:00 +0530 Mon, 31 May 2021 08:35:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408080 The Tribunal allowed the appeal partly by deleting the addition of Rs. 18,45,060 as unexplained income under Section 69A. The Tribunal found the assessee's explanation regarding the source of cash deposits plausible and supported by evidence, emphasizing the significant agricultural income and past savings. As a result, the charging of interest under Sections 234A, 234B, 234C, and 234D, and withdrawal of interest under Section 244A were no longer relevant. The order was pronounced on 24th May 2021. Case-Laws Income Tax Mon, 24 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408080