https://www.taxtmi.com/caselaws?id=434111 The ITAT allowed the appellant's appeal, ruling in favor of the appellant and deleting the addition made under section 68 of the Income Tax Act. The ITAT found that the appellant adequately explained the source of the Rs. 10 lakhs deposited through cash book and cash flow analysis, contrary to the CIT(A)'s decision. en-us Thu, 15 Dec 2022 00:00:00 +0530 Fri, 17 Feb 2023 09:10:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434111 The ITAT allowed the appellant's appeal, ruling in favor of the appellant and deleting the addition made under section 68 of the Income Tax Act. The ITAT found that the appellant adequately explained the source of the Rs. 10 lakhs deposited through cash book and cash flow analysis, contrary to the CIT(A)'s decision. Case-Laws Income Tax Thu, 15 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434111