https://www.taxtmi.com/caselaws?id=408953 The Tribunal allowed the appeal, overturning the CIT(A)'s decision and directing the Assessing Officer to remove the addition of the disputed amount related to unexplained cash deposits in the bank account. The Tribunal found merit in the assessee's explanations, considering the available land for cultivation and supporting evidence provided, while noting the lack of confirmation from one of the purchasers involved. Consequently, the Tribunal granted the benefit of doubt to the assessee and ordered the deletion of the disputed addition. en-us Tue, 15 Jun 2021 00:00:00 +0530 Fri, 25 Jun 2021 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408953 The Tribunal allowed the appeal, overturning the CIT(A)'s decision and directing the Assessing Officer to remove the addition of the disputed amount related to unexplained cash deposits in the bank account. The Tribunal found merit in the assessee's explanations, considering the available land for cultivation and supporting evidence provided, while noting the lack of confirmation from one of the purchasers involved. Consequently, the Tribunal granted the benefit of doubt to the assessee and ordered the deletion of the disputed addition. Case-Laws Income Tax Tue, 15 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408953