https://www.taxtmi.com/caselaws?id=304434 The ITAT allowed the appeal of the assessee, overturning the addition under section 69 of the Income Tax Act. The explanation provided by the assessee regarding the source of cash deposits was deemed reasonable and supported by evidence, leading to the reversal of the lower authorities' orders. en-us Mon, 25 Nov 2019 00:00:00 +0530 Tue, 27 Sep 2022 07:15:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304434 The ITAT allowed the appeal of the assessee, overturning the addition under section 69 of the Income Tax Act. The explanation provided by the assessee regarding the source of cash deposits was deemed reasonable and supported by evidence, leading to the reversal of the lower authorities' orders. Case-Laws Income Tax Mon, 25 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304434