https://www.taxtmi.com/caselaws?id=412737 The Tribunal found no delay in filing the appeal due to the Covid-19 pandemic and subsequent extensions, disposing of the appeal on merits. Regarding the addition made under section 69A r.w.s. 115BBE of the I.T. Act for cash deposits during demonetization, the Tribunal partially allowed the appeal, directing the Assessing Officer to tax only Rs. 4 lakh, considering evidence of the source of the deposits related to emergency medical treatment. The decision highlighted the assessment of cash deposits during demonetization and the justification for the addition, ultimately partially allowing the appeal. en-us Mon, 20 Sep 2021 00:00:00 +0530 Sat, 25 Sep 2021 09:35:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412737 The Tribunal found no delay in filing the appeal due to the Covid-19 pandemic and subsequent extensions, disposing of the appeal on merits. Regarding the addition made under section 69A r.w.s. 115BBE of the I.T. Act for cash deposits during demonetization, the Tribunal partially allowed the appeal, directing the Assessing Officer to tax only Rs. 4 lakh, considering evidence of the source of the deposits related to emergency medical treatment. The decision highlighted the assessment of cash deposits during demonetization and the justification for the addition, ultimately partially allowing the appeal. Case-Laws Income Tax Mon, 20 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412737