https://www.taxtmi.com/highlights?id=84985 Assessee partly succeeded. AO made addition u/s 69A r.w.s 115BBE treating bank deposits as unexplained money despite assessee providing details of fixed deposits, bank statements, investments from employment income except one entry of Rs. 63,133. ITAT held once source is explained with supporting evidence, mere doubting genuineness without basis is unjustified. Except Rs. 63,133, no addition u/s 69A can be made for explained credits. Decided in favour of assessee partly. en-us Sat, 18 Jan 2025 08:47:30 +0530 Sat, 18 Jan 2025 08:47:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84985 Assessee partly succeeded. AO made addition u/s 69A r.w.s 115BBE treating bank deposits as unexplained money despite assessee providing details of fixed deposits, bank statements, investments from employment income except one entry of Rs. 63,133. ITAT held once source is explained with supporting evidence, mere doubting genuineness without basis is unjustified. Except Rs. 63,133, no addition u/s 69A can be made for explained credits. Decided in favour of assessee partly. Highlights Income Tax Sat, 18 Jan 2025 08:47:30 +0530 https://www.taxtmi.com/highlights?id=84985