https://www.taxtmi.com/caselaws?id=421842 Cash deposits in the assessee's bank account were partly explained by documentary evidence and banking trail. The tribunal accepted deposits sourced from family members where sale deed records, bank statements and remittance evidence showed that the father and uncle received sale proceeds of agricultural land, one sister's contribution came through bank transfer, and an NRI sister's remittance passed through banking channels. The balance claimed as accumulated savings remained unsupported by acceptable evidence, so the unexplained portion could still be sustained. The addition was therefore deleted to the extent of proved sources and maintained only for the unsubstantiated balance. en-us Wed, 27 Apr 2022 00:00:00 +0530 Tue, 03 May 2022 08:23:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421842 Cash deposits in the assessee's bank account were partly explained by documentary evidence and banking trail. The tribunal accepted deposits sourced from family members where sale deed records, bank statements and remittance evidence showed that the father and uncle received sale proceeds of agricultural land, one sister's contribution came through bank transfer, and an NRI sister's remittance passed through banking channels. The balance claimed as accumulated savings remained unsupported by acceptable evidence, so the unexplained portion could still be sustained. The addition was therefore deleted to the extent of proved sources and maintained only for the unsubstantiated balance. Case-Laws Income Tax Wed, 27 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421842