https://www.taxtmi.com/caselaws?id=425457 The Tribunal allowed the appeal, directing the deletion of the addition of Rs.3,55,000 as unexplained income under section 69A. The Tribunal accepted the assessee's claim regarding gifts from family members for medical expenses, ruling that they cannot be treated as unexplained income. The Tribunal emphasized the importance of considering circumstances and evidence in reaching its decision, ultimately allowing the appeal and pronouncing the order in open court on 21.07.2022. en-us Thu, 21 Jul 2022 00:00:00 +0530 Sat, 23 Jul 2022 09:04:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425457 The Tribunal allowed the appeal, directing the deletion of the addition of Rs.3,55,000 as unexplained income under section 69A. The Tribunal accepted the assessee's claim regarding gifts from family members for medical expenses, ruling that they cannot be treated as unexplained income. The Tribunal emphasized the importance of considering circumstances and evidence in reaching its decision, ultimately allowing the appeal and pronouncing the order in open court on 21.07.2022. Case-Laws Income Tax Thu, 21 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425457