https://www.taxtmi.com/caselaws?id=437140 The Appellate Tribunal ITAT Mumbai allowed the appeal against the addition of Rs.2,45,000/- under section 69A as unexplained money due to cash deposits in the bank account. The Tribunal remanded the case for adjudication on merit, emphasizing the need for the CIT(A) to consider the material on record and reasons for the conclusion. The appeal was allowed for statistical purposes, with directions for the assessee to comply with the CIT(A) without failure. en-us Fri, 31 Mar 2023 00:00:00 +0530 Thu, 27 Apr 2023 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437140 The Appellate Tribunal ITAT Mumbai allowed the appeal against the addition of Rs.2,45,000/- under section 69A as unexplained money due to cash deposits in the bank account. The Tribunal remanded the case for adjudication on merit, emphasizing the need for the CIT(A) to consider the material on record and reasons for the conclusion. The appeal was allowed for statistical purposes, with directions for the assessee to comply with the CIT(A) without failure. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437140