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2024 (3) TMI 1152 - ITAT DELHIAddition u/s 69A - unexplained cash deposits in the bank account - onus to prove - HELD THAT:- We find that before the lower authorities the assessee had provided source of cash deposits in the bank account. Revenue has not brought any material to controvert the claim of the assessee that the assessee was having cash in hand to make the impugned deposits. Thus when the assessee has provided the source of cash deposits being cash withdrawals, AO without bringing adverse material ought not have treated the same as unexplained. Therefore, hereby direct the AO to delete the impugned addition - Decided in favour of assessee.
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