https://www.taxtmi.com/caselaws?id=422473 The Tribunal allowed the appeal, directing the deletion of additions made towards cash deposits under Section 69 of the Income Tax Act, 1961. The jurisdictional issue was dismissed as the main issue was decided in favor of the assessee. The Tribunal emphasized the lack of evidence linking cash withdrawals to deposits, leading to the reversal of the AO's decision. en-us Wed, 11 May 2022 00:00:00 +0530 Mon, 16 May 2022 08:42:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422473 The Tribunal allowed the appeal, directing the deletion of additions made towards cash deposits under Section 69 of the Income Tax Act, 1961. The jurisdictional issue was dismissed as the main issue was decided in favor of the assessee. The Tribunal emphasized the lack of evidence linking cash withdrawals to deposits, leading to the reversal of the AO's decision. Case-Laws Income Tax Wed, 11 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422473