https://www.taxtmi.com/caselaws?id=433600 The tribunal upheld the ld. CIT(A)'s decision to treat the cash deposits as income from other sources, as the appellant failed to provide sufficient evidence to support the claim that the funds were proceeds from selling agricultural lands. The tribunal emphasized the importance of providing complete and verifiable evidence in tax assessments, ultimately confirming the addition of Rs. 54,79,500/- as income from other sources. The appellant's request to modify the grounds of appeal was dismissed due to the lack of substantiation regarding the source of the cash deposits. en-us Tue, 31 Jan 2023 00:00:00 +0530 Sat, 04 Feb 2023 08:42:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433600 The tribunal upheld the ld. CIT(A)'s decision to treat the cash deposits as income from other sources, as the appellant failed to provide sufficient evidence to support the claim that the funds were proceeds from selling agricultural lands. The tribunal emphasized the importance of providing complete and verifiable evidence in tax assessments, ultimately confirming the addition of Rs. 54,79,500/- as income from other sources. The appellant's request to modify the grounds of appeal was dismissed due to the lack of substantiation regarding the source of the cash deposits. Case-Laws Income Tax Tue, 31 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433600