https://www.taxtmi.com/caselaws?id=438705 The Tribunal allowed the appeal, directing the Assessing Officer to delete the entire addition of INR 12,40,000 made under section 68 of the Act. The Tribunal found the cash flow statement credible and supported by financial records, aligning with claimed amounts and adequately explaining drawings and cash balances. The order was pronounced on 31.05.2023. en-us Wed, 31 May 2023 00:00:00 +0530 Wed, 07 Jun 2023 08:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438705 The Tribunal allowed the appeal, directing the Assessing Officer to delete the entire addition of INR 12,40,000 made under section 68 of the Act. The Tribunal found the cash flow statement credible and supported by financial records, aligning with claimed amounts and adequately explaining drawings and cash balances. The order was pronounced on 31.05.2023. Case-Laws Income Tax Wed, 31 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438705