https://www.taxtmi.com/caselaws?id=781078 ITAT held that additions under s.69A for alleged unexplained cash deposits were unjustified and deleted. The tribunal accepted the assessee's consistent claim that the deposits were in the HUF's bank account, noting the assessee had furnished the HUF's bank statement, bank book, cash book and ITR. Finding no infirmity pointed out by AO/CIT(A) in that evidence, ITAT concluded there was no basis to treat the deposits as assessee's unexplained income and allowed the appeal, directing deletion of the addition. en-us Tue, 26 Aug 2025 00:00:00 +0530 Tue, 11 Nov 2025 08:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781078 ITAT held that additions under s.69A for alleged unexplained cash deposits were unjustified and deleted. The tribunal accepted the assessee's consistent claim that the deposits were in the HUF's bank account, noting the assessee had furnished the HUF's bank statement, bank book, cash book and ITR. Finding no infirmity pointed out by AO/CIT(A) in that evidence, ITAT concluded there was no basis to treat the deposits as assessee's unexplained income and allowed the appeal, directing deletion of the addition. Case-Laws Income Tax Tue, 26 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781078