https://www.taxtmi.com/caselaws?id=776094 The ITAT Chandigarh held that the unexplained cash deposits during the demonstration period were consistent with the assessee's textile trading business sales. The tribunal found no basis for the lower authorities to treat these deposits as undisclosed income. Consequently, the addition made by the lower authorities was deleted, and the assessee's appeal was allowed. en-us Thu, 02 Jan 2025 00:00:00 +0530 Tue, 05 Aug 2025 07:54:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776094 The ITAT Chandigarh held that the unexplained cash deposits during the demonstration period were consistent with the assessee's textile trading business sales. The tribunal found no basis for the lower authorities to treat these deposits as undisclosed income. Consequently, the addition made by the lower authorities was deleted, and the assessee's appeal was allowed. Case-Laws Income Tax Thu, 02 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776094