https://www.taxtmi.com/caselaws?id=419987 The Tribunal partly allowed the appeal by deleting the addition of Rs. 11,19,200/- as unexplained income, addressing the main grievance of the assessee. The reassessment order was upheld based on the proper analysis of cash deposits in the bank account, and the denial of peak credit benefit was dismissed as the addition was deleted entirely. The decision was pronounced on 09/03/2022 at Ahmedabad. en-us Wed, 09 Mar 2022 00:00:00 +0530 Thu, 24 Mar 2022 09:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419987 The Tribunal partly allowed the appeal by deleting the addition of Rs. 11,19,200/- as unexplained income, addressing the main grievance of the assessee. The reassessment order was upheld based on the proper analysis of cash deposits in the bank account, and the denial of peak credit benefit was dismissed as the addition was deleted entirely. The decision was pronounced on 09/03/2022 at Ahmedabad. Case-Laws Income Tax Wed, 09 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419987