Addition treating the cash deposit in bank account as Income ...

Assessing Officer's Cash Deposit Classification Overturned; Evidence from Assessee Ignored. Additions Deleted.

April 19, 2022

Case Laws Income Tax AT

Addition treating the cash deposit in bank account as Income other Source - the assessing officer has just brushed aside the evidences without even a word on why they are not acceptable and how these are fabricated documents. It is a well settled Law that when an assessee has all the possible evidence in support of its claim, they cannot be brushed aside based on surmises. - Additions deleted - AT

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Addition treating the cash deposit in bank account as Income ...

Assessing Officer's Cash Deposit Classification Overturned; Evidence from Assessee Ignored. Additions Deleted.

April 19, 2022

Case Laws Income Tax AT

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