https://www.taxtmi.com/caselaws?id=57289 The Tribunal dismissed the appeal, affirming the CIT(A)'s decision to delete the additions of Rs. 1,85,000 and Rs. 61,788 made by the AO for the assessment year 1994-95. The Tribunal upheld the deletion of Rs. 1,85,000 due to the AO's failure to rebut the evidence provided by the assessee. For the Rs. 61,788 addition, the Tribunal confirmed the deletion, determining the cheque related back to the date of acceptance, not deposit, thus invalidating the AO's addition. en-us Thu, 13 Nov 2003 00:00:00 +0530 Mon, 05 Aug 2024 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57289 The Tribunal dismissed the appeal, affirming the CIT(A)'s decision to delete the additions of Rs. 1,85,000 and Rs. 61,788 made by the AO for the assessment year 1994-95. The Tribunal upheld the deletion of Rs. 1,85,000 due to the AO's failure to rebut the evidence provided by the assessee. For the Rs. 61,788 addition, the Tribunal confirmed the deletion, determining the cheque related back to the date of acceptance, not deposit, thus invalidating the AO's addition. Case-Laws Income Tax Thu, 13 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57289