https://www.taxtmi.com/caselaws?id=422073 The Tribunal partially allowed the appeal, reducing the addition of alleged unexplained cash deposits in the bank account. The Tribunal emphasized the importance of considering the sale proceeds from land sales and the opening cash balance. It directed the Assessing Officer to recalculate the addition, resulting in a reduced amount of Rs.9,70,725. en-us Mon, 02 May 2022 00:00:00 +0530 Sat, 07 May 2022 06:37:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422073 The Tribunal partially allowed the appeal, reducing the addition of alleged unexplained cash deposits in the bank account. The Tribunal emphasized the importance of considering the sale proceeds from land sales and the opening cash balance. It directed the Assessing Officer to recalculate the addition, resulting in a reduced amount of Rs.9,70,725. Case-Laws Income Tax Mon, 02 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422073