https://www.taxtmi.com/caselaws?id=417261 The tribunal dismissed the appeal, upholding the decision to treat the cash deposits as unexplained income under section 69 of the Income Tax Act. The delay in filing the appeal was condoned due to circumstances beyond the assessee's control. The tribunal found inconsistencies in the explanations provided by the appellant regarding the nature of her business activities and lack of evidence to support her claims, leading to the rejection of the appellant's contentions under section 44AD. en-us Thu, 16 Sep 2021 00:00:00 +0530 Wed, 19 Jan 2022 08:52:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417261 The tribunal dismissed the appeal, upholding the decision to treat the cash deposits as unexplained income under section 69 of the Income Tax Act. The delay in filing the appeal was condoned due to circumstances beyond the assessee's control. The tribunal found inconsistencies in the explanations provided by the appellant regarding the nature of her business activities and lack of evidence to support her claims, leading to the rejection of the appellant's contentions under section 44AD. Case-Laws Income Tax Thu, 16 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417261