https://www.taxtmi.com/highlights?id=68147 Addition u/s 69A - unexplained money - since the assessee is a non-resident Indian and except earning income from fixed deposits, there is no iota of evidence which could indicate that the assessee is carrying out any activity in the nature of business or otherwise to earn income from any other sources in India. Simply suspicion and behavioural pattern of frequent withdrawal by the assessee cannot be the basis of treating cash deposits as unexplained money u/s 69A - AT en-us Tue, 07 Feb 2023 10:08:03 +0530 Tue, 07 Feb 2023 10:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=68147 Addition u/s 69A - unexplained money - since the assessee is a non-resident Indian and except earning income from fixed deposits, there is no iota of evidence which could indicate that the assessee is carrying out any activity in the nature of business or otherwise to earn income from any other sources in India. Simply suspicion and behavioural pattern of frequent withdrawal by the assessee cannot be the basis of treating cash deposits as unexplained money u/s 69A - AT Highlights Income Tax Tue, 07 Feb 2023 10:08:03 +0530 https://www.taxtmi.com/highlights?id=68147