https://www.taxtmi.com/caselaws?id=432187 The Tribunal upheld the CIT (Appeals)'s decision to delete the additions made by the Assessing Officer regarding cash deposits and income from M/s. Vardhman Industrial Estate. The Tribunal found the evidence provided by the assessee, including confirmations and documents, to be credible and sufficient to support the assessee's explanations. The Tribunal agreed with the CIT (Appeals) that the additions should be deleted based on the evidentiary support presented. Therefore, the appeal of the Revenue was dismissed, and the order of the CIT (Appeals) was upheld. en-us Thu, 26 May 2022 00:00:00 +0530 Fri, 30 Dec 2022 09:53:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432187 The Tribunal upheld the CIT (Appeals)'s decision to delete the additions made by the Assessing Officer regarding cash deposits and income from M/s. Vardhman Industrial Estate. The Tribunal found the evidence provided by the assessee, including confirmations and documents, to be credible and sufficient to support the assessee's explanations. The Tribunal agreed with the CIT (Appeals) that the additions should be deleted based on the evidentiary support presented. Therefore, the appeal of the Revenue was dismissed, and the order of the CIT (Appeals) was upheld. Case-Laws Income Tax Thu, 26 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432187