https://www.taxtmi.com/article/detailed?id=10888 The tribunal held that cash deposits are assessable only when unexplained after considering the assessee's evidence; evidence of provident fund withdrawals, loans, gifts and personal savings-if accepted or not discredited by the assessing officer-constitute valid sources and personal savings of a long serving government employee cannot be routinely doubted, so the addition for unexplained deposits and related interest lacked support in the assessment record. en-us Wed, 21 Dec 2022 14:39:50 +0530 Wed, 21 Dec 2022 14:39:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10888 The tribunal held that cash deposits are assessable only when unexplained after considering the assessee's evidence; evidence of provident fund withdrawals, loans, gifts and personal savings-if accepted or not discredited by the assessing officer-constitute valid sources and personal savings of a long serving government employee cannot be routinely doubted, so the addition for unexplained deposits and related interest lacked support in the assessment record. Articles Income Tax Wed, 21 Dec 2022 14:39:50 +0530 https://www.taxtmi.com/article/detailed?id=10888