https://www.taxtmi.com/caselaws?id=759759 The ITAT Mumbai allowed the assessee's appeals for AYs 2011-12, 2015-16, and 2016-17, overturning the Ld.CIT(A)'s orders. The Tribunal directed the AO to accept the returned income and capital account for AY 2011-12 and found credible evidence for gifts and cash deposits in subsequent years, leading to the deletion of additions made by the lower authorities. en-us Tue, 01 Oct 2024 00:00:00 +0530 Tue, 08 Oct 2024 07:36:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759759 The ITAT Mumbai allowed the assessee's appeals for AYs 2011-12, 2015-16, and 2016-17, overturning the Ld.CIT(A)'s orders. The Tribunal directed the AO to accept the returned income and capital account for AY 2011-12 and found credible evidence for gifts and cash deposits in subsequent years, leading to the deletion of additions made by the lower authorities. Case-Laws Income Tax Tue, 01 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759759