https://www.taxtmi.com/caselaws?id=440736 The Tribunal allowed the appeal, ruling that no addition could be made under sections 69A and 115BBE of the Income Tax Act. The appellant adequately explained the cash deposits, demonstrating they were from legitimate business activities. The Tribunal considered the appellant's submissions on profit margins and business operations, ultimately deciding in favor of the appellant. en-us Thu, 15 Jun 2023 00:00:00 +0530 Tue, 25 Jul 2023 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440736 The Tribunal allowed the appeal, ruling that no addition could be made under sections 69A and 115BBE of the Income Tax Act. The appellant adequately explained the cash deposits, demonstrating they were from legitimate business activities. The Tribunal considered the appellant's submissions on profit margins and business operations, ultimately deciding in favor of the appellant. Case-Laws Income Tax Thu, 15 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440736