https://www.taxtmi.com/caselaws?id=771763 ITAT Indore allowed the appeal for statistical purposes and remanded the matter to the Assessing Officer. The case involved unexplained cash deposits in the assessee's bank accounts, with the major deposit made in a joint account owned by the assessee and brothers. The assessee claimed deposits were proceeds from sale of jointly-owned land by mother and brothers. ITAT found the entire addition in assessee's hands was wrong and admitted additional evidence. Both parties agreed to remand the matter for fresh consideration by AO. en-us Wed, 14 May 2025 00:00:00 +0530 Wed, 28 May 2025 18:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771763 ITAT Indore allowed the appeal for statistical purposes and remanded the matter to the Assessing Officer. The case involved unexplained cash deposits in the assessee's bank accounts, with the major deposit made in a joint account owned by the assessee and brothers. The assessee claimed deposits were proceeds from sale of jointly-owned land by mother and brothers. ITAT found the entire addition in assessee's hands was wrong and admitted additional evidence. Both parties agreed to remand the matter for fresh consideration by AO. Case-Laws Income Tax Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771763