1985 (2) TMI 94 - AT - Income Tax

Summary

The appeal by the assessee against the order of the AAC was allowed by the Appellate Tribunal ITAT Jabalpur for the assessment year 1979-80. The Tribunal deleted the addition of Rs. 6,000 made by the ITO to the total income of the assessee, as the explanation provided by the parties regarding the deposit in the name of Smt. Ranjana Bai was considered believable. The Tribunal found no justification to disallow the balance of the amount, and hence, the addition was deleted.