https://www.taxtmi.com/caselaws?id=435843 The Tribunal allowed the assessee's appeal against the CIT(A)'s order confirming additions made by the AO related to cash deposits and unsecured loan. The Tribunal found the cash deposits were legitimate, supported by evidence of sales and stock. The unsecured loan was validated through bank documents and creditor confirmations. The Tribunal dismissed the additions under sections 68 and 115BBE, deeming them unjustified based on the evidence presented. The appeal was allowed on specific grounds, with the order pronounced on 15.03.2023. en-us Wed, 15 Mar 2023 00:00:00 +0530 Tue, 28 Mar 2023 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435843 The Tribunal allowed the assessee's appeal against the CIT(A)'s order confirming additions made by the AO related to cash deposits and unsecured loan. The Tribunal found the cash deposits were legitimate, supported by evidence of sales and stock. The unsecured loan was validated through bank documents and creditor confirmations. The Tribunal dismissed the additions under sections 68 and 115BBE, deeming them unjustified based on the evidence presented. The appeal was allowed on specific grounds, with the order pronounced on 15.03.2023. Case-Laws Income Tax Wed, 15 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435843