https://www.taxtmi.com/caselaws?id=57667 The Vice President allowed the appeal in favor of the assessee, ruling that the addition of Rs. 8,000 to their income was unwarranted. The VP found that the assessee had sufficiently proven the source of the deposit through evidence presented, including statements from the mother and another individual. The credibility of the explanations provided by the assessee regarding the deposit was upheld, leading to the decision that the amount was not income from undisclosed sources. The objection against the addition was successful, resulting in a favorable outcome for the assessee. en-us Thu, 02 Jun 1977 00:00:00 +0530 Sat, 11 Dec 2010 14:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57667 The Vice President allowed the appeal in favor of the assessee, ruling that the addition of Rs. 8,000 to their income was unwarranted. The VP found that the assessee had sufficiently proven the source of the deposit through evidence presented, including statements from the mother and another individual. The credibility of the explanations provided by the assessee regarding the deposit was upheld, leading to the decision that the amount was not income from undisclosed sources. The objection against the addition was successful, resulting in a favorable outcome for the assessee. Case-Laws Income Tax Thu, 02 Jun 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57667