https://www.taxtmi.com/caselaws?id=780135 ITAT JAIPUR held in favour of the assessee, deleting additions treating deposits as unexplained unsecured loans where the depositor had disclosed interest income in ITR and TDS was deducted, and confirmation/ PAN details were on record. The Tribunal also deleted an addition treating withdrawals as capital introduced, finding the assessee had furnished partner capital accounts, ITR and bank statements and that the AO failed to specify what further evidence was required; CIT(A) offered no reasons for confirmation, shifting the onus to revenue, which failed to rebut the explanation. en-us Mon, 01 Sep 2025 00:00:00 +0530 Fri, 17 Oct 2025 12:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780135 ITAT JAIPUR held in favour of the assessee, deleting additions treating deposits as unexplained unsecured loans where the depositor had disclosed interest income in ITR and TDS was deducted, and confirmation/ PAN details were on record. The Tribunal also deleted an addition treating withdrawals as capital introduced, finding the assessee had furnished partner capital accounts, ITR and bank statements and that the AO failed to specify what further evidence was required; CIT(A) offered no reasons for confirmation, shifting the onus to revenue, which failed to rebut the explanation. Case-Laws Income Tax Mon, 01 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780135