https://www.taxtmi.com/highlights?id=66473 Unexplained cash deposits - conclusions have to be drawn on the basis of certain admitted facts and materials and not on the basis of presumption of facts Once nothing has been proved against the appellant with aid of any direct material especially when three rounds of investigation have been carried out, then nothing can be implicated against the appellant. - AT en-us Thu, 10 Nov 2022 12:28:23 +0530 Thu, 10 Nov 2022 12:28:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66473 Unexplained cash deposits - conclusions have to be drawn on the basis of certain admitted facts and materials and not on the basis of presumption of facts Once nothing has been proved against the appellant with aid of any direct material especially when three rounds of investigation have been carried out, then nothing can be implicated against the appellant. - AT Highlights Income Tax Thu, 10 Nov 2022 12:28:23 +0530 https://www.taxtmi.com/highlights?id=66473