https://www.taxtmi.com/caselaws?id=435093 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition made under Section 68. The Tribunal found that the assessee had provided sufficient evidence to explain the source of cash deposits and that the AO had erred in his analysis by not considering the full financial data. The Tribunal also noted that the assessee's method of accounting was not in question, as the necessary documents had been provided and reviewed. The appeal filed by the Revenue was dismissed. en-us Wed, 08 Mar 2023 00:00:00 +0530 Sat, 11 Mar 2023 08:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435093 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition made under Section 68. The Tribunal found that the assessee had provided sufficient evidence to explain the source of cash deposits and that the AO had erred in his analysis by not considering the full financial data. The Tribunal also noted that the assessee's method of accounting was not in question, as the necessary documents had been provided and reviewed. The appeal filed by the Revenue was dismissed. Case-Laws Income Tax Wed, 08 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435093