https://www.taxtmi.com/caselaws?id=438399 The Tribunal ruled in favor of the appellant, finding that sufficient evidence was presented to explain the source of cash deposits, including sale proceeds from the father's property and agricultural income. The Tribunal held that the appellant could not be considered an assessee under relevant sections of the Act as the property belonged to the father. Consequently, the Tribunal overturned the addition made by the AO of Rs. 19,547,959 and allowed the appellant's appeal. en-us Mon, 24 Apr 2023 00:00:00 +0530 Fri, 26 May 2023 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438399 The Tribunal ruled in favor of the appellant, finding that sufficient evidence was presented to explain the source of cash deposits, including sale proceeds from the father's property and agricultural income. The Tribunal held that the appellant could not be considered an assessee under relevant sections of the Act as the property belonged to the father. Consequently, the Tribunal overturned the addition made by the AO of Rs. 19,547,959 and allowed the appellant's appeal. Case-Laws Income Tax Mon, 24 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438399