Unexplained Bank Deposit Suggests Unused Cash Withdrawal; Credit Should Be Given for Withdrawn Amount.

Unexplained deposit in assessee’s bank account - it has to be presumed that the assessee has withdrawn the cash and the same remained to be unutilized for one reason or the other, and the cash remained with the assessee. In such circumstances, due credit has to be given for such withdrawal of cash by the assessee. .....

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