https://www.taxtmi.com/caselaws?id=414087 The Tribunal allowed the appeal of the assessee, directing the deletion of the addition of Rs. 2,00,000 upheld by the CIT(A). The decision emphasized the credibility of the explanation provided by the assessee regarding the source of cash deposits, supported by the CBDT Circular and a precedent from the Agra Tribunal, leading to the removal of the disputed amount from the assessment. en-us Thu, 14 Oct 2021 00:00:00 +0530 Thu, 28 Oct 2021 08:40:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414087 The Tribunal allowed the appeal of the assessee, directing the deletion of the addition of Rs. 2,00,000 upheld by the CIT(A). The decision emphasized the credibility of the explanation provided by the assessee regarding the source of cash deposits, supported by the CBDT Circular and a precedent from the Agra Tribunal, leading to the removal of the disputed amount from the assessment. Case-Laws Income Tax Thu, 14 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414087