https://www.taxtmi.com/caselaws?id=426794 The ITAT Lucknow allowed the appeal, deleting the confirmed addition of Rs.3,70,500 related to demonetized currency deposits. The tribunal emphasized the need for reasonable explanations for income sources and criticized the arbitrary decision-making by tax authorities. en-us Mon, 22 Aug 2022 00:00:00 +0530 Thu, 25 Aug 2022 08:14:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426794 The ITAT Lucknow allowed the appeal, deleting the confirmed addition of Rs.3,70,500 related to demonetized currency deposits. The tribunal emphasized the need for reasonable explanations for income sources and criticized the arbitrary decision-making by tax authorities. Case-Laws Income Tax Mon, 22 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426794