https://www.taxtmi.com/caselaws?id=787524 Appeal concerns deletion by the CIT(A) of an addition under Section 69A read with Section 115BBE where the appellate authority accepted the assessee's explanation that credited sums arose from rotation of funds via the bank's auto sweep/fixed deposit facility and from retirement benefits. The authority reviewed bank statements, joint account records and retirement benefit documents to assess admissibility and whether the assessee discharged the evidentiary burden to establish genuineness and source; it concluded the assessing officer had not adequately verified transaction patterns and upheld deletion, setting aside the challenged addition. en-us Thu, 05 Mar 2026 00:00:00 +0530 Sat, 07 Mar 2026 08:39:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787524 Appeal concerns deletion by the CIT(A) of an addition under Section 69A read with Section 115BBE where the appellate authority accepted the assessee's explanation that credited sums arose from rotation of funds via the bank's auto sweep/fixed deposit facility and from retirement benefits. The authority reviewed bank statements, joint account records and retirement benefit documents to assess admissibility and whether the assessee discharged the evidentiary burden to establish genuineness and source; it concluded the assessing officer had not adequately verified transaction patterns and upheld deletion, setting aside the challenged addition. Case-Laws Income Tax Thu, 05 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787524