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    <title>Tribunal Rules Wife&#039;s Savings Justify Cash Deposits in Joint Account During Demonetization, Overturns Lower Decision.</title>
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    <description>Unexplained money u/s 69A - deposits in bank account during the demonetization period - joint bank account of husband wife - family settlement - The Appellate Tribunal noted that the appellant&#039;s wife had filed a settlement deed and affidavit confirming the source of the cash deposits, which were from her own savings. It observed that the appellant&#039;s wife had provided sufficient evidence to support the source of certain cash deposits. - The addition made by the lower authorities was deemed unsustainable, and thus, the same was directed to be deleted.</description>
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    <pubDate>Tue, 30 Apr 2024 18:52:13 +0530</pubDate>
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      <title>Tribunal Rules Wife&#039;s Savings Justify Cash Deposits in Joint Account During Demonetization, Overturns Lower Decision.</title>
      <link>https://www.taxtmi.com/highlights?id=76993</link>
      <description>Unexplained money u/s 69A - deposits in bank account during the demonetization period - joint bank account of husband wife - family settlement - The Appellate Tribunal noted that the appellant&#039;s wife had filed a settlement deed and affidavit confirming the source of the cash deposits, which were from her own savings. It observed that the appellant&#039;s wife had provided sufficient evidence to support the source of certain cash deposits. - The addition made by the lower authorities was deemed unsustainable, and thus, the same was directed to be deleted.</description>
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      <pubDate>Tue, 30 Apr 2024 18:52:13 +0530</pubDate>
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