https://www.taxtmi.com/caselaws?id=425840 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s order, which deleted the addition of Rs. 1,95,03,291/- made by the AO. The Tribunal found that the AO's approach lacked scientific basis and was based on conjecture without material evidence. It was noted that the assessee provided reasonable explanations and documentary evidence for the cash deposits during the demonetization period. The appeal of the Revenue was dismissed, and the order was pronounced on 27.06.2022. en-us Mon, 27 Jun 2022 00:00:00 +0530 Thu, 16 Apr 2026 16:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425840 The Tribunal dismissed the Revenue's appeal and upheld the CIT(A)'s order, which deleted the addition of Rs. 1,95,03,291/- made by the AO. The Tribunal found that the AO's approach lacked scientific basis and was based on conjecture without material evidence. It was noted that the assessee provided reasonable explanations and documentary evidence for the cash deposits during the demonetization period. The appeal of the Revenue was dismissed, and the order was pronounced on 27.06.2022. Case-Laws Income Tax Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425840