https://www.taxtmi.com/caselaws?id=429586 The Tribunal upheld the addition of Rs. 73 lakhs as cash deposits during demonetization, concluding that the appellant failed to substantiate the source of the deposits adequately. The Tribunal found discrepancies in the appellant's trading account and lack of evidence supporting cash sales, ultimately dismissing the appeal and affirming the Revenue Authorities' decision. en-us Thu, 13 Oct 2022 00:00:00 +0530 Mon, 31 Oct 2022 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429586 The Tribunal upheld the addition of Rs. 73 lakhs as cash deposits during demonetization, concluding that the appellant failed to substantiate the source of the deposits adequately. The Tribunal found discrepancies in the appellant's trading account and lack of evidence supporting cash sales, ultimately dismissing the appeal and affirming the Revenue Authorities' decision. Case-Laws Income Tax Thu, 13 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429586