https://www.taxtmi.com/caselaws?id=770335 The AT partially allowed the appeal challenging an income tax addition under Section 69A. The tribunal found the Assessing Officer's addition of Rs. 29,50,000 as unexplained money was incorrect, as the disputed bank deposits were not in the assessee's account. The case was remanded to the AO for verification of the assessee's contentions, with directions to pass appropriate orders after re-examining the evidence. en-us Mon, 28 Apr 2025 00:00:00 +0530 Fri, 09 May 2025 09:12:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770335 The AT partially allowed the appeal challenging an income tax addition under Section 69A. The tribunal found the Assessing Officer's addition of Rs. 29,50,000 as unexplained money was incorrect, as the disputed bank deposits were not in the assessee's account. The case was remanded to the AO for verification of the assessee's contentions, with directions to pass appropriate orders after re-examining the evidence. Case-Laws Income Tax Mon, 28 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770335