https://www.taxtmi.com/caselaws?id=412769 The Tribunal ruled in favor of the legal heir of the deceased assessee, concluding that the addition of Rs. 99,84,046 under Section 69A of the Income Tax Act was unjustified. The Tribunal found that the entries were properly recorded in the books of accounts, the source of the funds was explained, and the identities of the persons involved were established. As a result, the Tribunal deleted the addition and allowed the appeal. en-us Fri, 23 Jul 2021 00:00:00 +0530 Sat, 20 Aug 2022 14:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412769 The Tribunal ruled in favor of the legal heir of the deceased assessee, concluding that the addition of Rs. 99,84,046 under Section 69A of the Income Tax Act was unjustified. The Tribunal found that the entries were properly recorded in the books of accounts, the source of the funds was explained, and the identities of the persons involved were established. As a result, the Tribunal deleted the addition and allowed the appeal. Case-Laws Income Tax Fri, 23 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412769