Assessee's Explanation for Unexplained Bank Deposits Accepted, Additions Deleted by Authorities.

Assessee's Explanation for Unexplained Bank Deposits Accepted, Additions Deleted by Authorities. https://www.taxtmi.com/highlights?id=59111 Unexplained money deposited in bank account - stand of the assessee was that the cash deposited in his bank accounts are from the prospective buyers of vehicles/agricultural implements from where, he is working as Exchange Manager. Later on the cash was withdrawn and handed over to the employer i.e., Automobile Company - Accepting the contention, additions deleted - AT en-us Sat, 07 Aug 2021 17:19:23 +0530 Sat, 07 Aug 2021 17:19:23 +0530 TaxTMI RSS Generator Assessee's Explanation for Unexplained Bank Deposits Accepted, Additions Deleted by Authorities. https://www.taxtmi.com/highlights?id=59111 Unexplained money deposited in bank account - stand of the assessee was that the cash deposited in his bank accounts are from the prospective buyers of vehicles/agricultural implements from where, he is working as Exchange Manager. Later on the cash was withdrawn and handed over to the employer i.e., Automobile Company - Accepting the contention, additions deleted - AT Highlights Income Tax Sat, 07 Aug 2021 17:19:23 +0530 https://www.taxtmi.com/highlights?id=59111