https://www.taxtmi.com/caselaws?id=463743 ITAT DELHI - AT held that additions under s.69A for unexplained cash deposits were untenable. The assessee had furnished evidence (gifts from relatives, sale of car, agricultural receipts) which the CITA(A) forwarded to the AO for verification; when the AO's remand report accepted the sources, the CITA(A) unjustifiably ignored it. The tribunal found this approach improper, accepted the AO's findings, and deleted the additions, allowing the assessee's appeal. en-us Thu, 11 Aug 2022 00:00:00 +0530 Sun, 14 Sep 2025 02:17:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463743 ITAT DELHI - AT held that additions under s.69A for unexplained cash deposits were untenable. The assessee had furnished evidence (gifts from relatives, sale of car, agricultural receipts) which the CITA(A) forwarded to the AO for verification; when the AO's remand report accepted the sources, the CITA(A) unjustifiably ignored it. The tribunal found this approach improper, accepted the AO's findings, and deleted the additions, allowing the assessee's appeal. Case-Laws Income Tax Thu, 11 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463743