https://www.taxtmi.com/caselaws?id=434237 The appeal was allowed, and the order directing the deletion of the cash deposit addition was pronounced in court on 17th February 2023. The judicial member emphasized that additions made during assessment proceedings should be related to the escaped income for which the assessment was reopened. Since the addition of cash was unrelated to the reopened issue of the loan's genuineness, it was deemed inconsistent and unsustainable. The Assessing Officer was directed to delete the addition of cash deposited in the bank account. en-us Fri, 17 Feb 2023 00:00:00 +0530 Mon, 20 Feb 2023 08:26:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434237 The appeal was allowed, and the order directing the deletion of the cash deposit addition was pronounced in court on 17th February 2023. The judicial member emphasized that additions made during assessment proceedings should be related to the escaped income for which the assessment was reopened. Since the addition of cash was unrelated to the reopened issue of the loan's genuineness, it was deemed inconsistent and unsustainable. The Assessing Officer was directed to delete the addition of cash deposited in the bank account. Case-Laws Income Tax Fri, 17 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434237