https://www.taxtmi.com/highlights?id=74992 Reopening of assessment u/s 147 - additions of cash deposits - The Tribunal held that, the Assessing Officer has treated the cash deposit merely on the basis of human probability without bringing any adverse evidence on record that such cash deposit was unexplained money of assessee when the assessee was having sufficient money in his two NRE and one NRO account and explained the investment during the relevant period. - Additions directed to be deleted. en-us Sat, 17 Feb 2024 06:50:17 +0530 Sat, 17 Feb 2024 06:50:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74992 Reopening of assessment u/s 147 - additions of cash deposits - The Tribunal held that, the Assessing Officer has treated the cash deposit merely on the basis of human probability without bringing any adverse evidence on record that such cash deposit was unexplained money of assessee when the assessee was having sufficient money in his two NRE and one NRO account and explained the investment during the relevant period. - Additions directed to be deleted. Highlights Income Tax Sat, 17 Feb 2024 06:50:17 +0530 https://www.taxtmi.com/highlights?id=74992