https://www.taxtmi.com/caselaws?id=431222 The Tribunal upheld the additions of interest income and unexplained cash deposits for the assessment years 2011-12 and 2012-13 due to the appellant's failure to provide evidence on the source of cash deposits and taxation of interest income. Despite multiple opportunities, the appellant could not substantiate their claims, leading to the dismissal of their appeals. The Tribunal also rejected the appellant's arguments regarding the denial of a reasonable opportunity to present their case, as no supporting evidence was presented. Ultimately, both appeals were dismissed by the Tribunal. en-us Tue, 06 Dec 2022 00:00:00 +0530 Thu, 08 Dec 2022 09:41:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431222 The Tribunal upheld the additions of interest income and unexplained cash deposits for the assessment years 2011-12 and 2012-13 due to the appellant's failure to provide evidence on the source of cash deposits and taxation of interest income. Despite multiple opportunities, the appellant could not substantiate their claims, leading to the dismissal of their appeals. The Tribunal also rejected the appellant's arguments regarding the denial of a reasonable opportunity to present their case, as no supporting evidence was presented. Ultimately, both appeals were dismissed by the Tribunal. Case-Laws Income Tax Tue, 06 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431222