Unrelated person unlikely to give false evidence to oblige the assessee, said ITAT deleting addition made for cash deposit on…
Addition made for cash deposits in undisclosed bank account do not hold any force as withdrawals and deposits do not…
Mere deposit of cash in bank account cannot give rise to a belief of Assessing Officer that income had escaped…
Penalty 271B treating cash deposits in bank as turnover u/s 44AB upheld by Tribunal when assessee could not explain source…
Addition for cash deposited in joint bank account upheld. A professional like Advocate CA or Accountant would not open a…
Question of source of purchase relevant only for year of purchase not sale. Bank deposits made out of property sold…
No Addition for cash deposits in bank when sufficient cash is in hand. Assessee not supposed to keep track of…
Data of cash deposits in bank etc by Government servant to be shared with Vigilance. ITD asked to send the…
Deposits in Bank-Income estimated 10% of cash and 20% of cheque deposits as the assessee reasonably proved that he was…
Unexplained income-cash deposited in bank after 2-3 months gap held not probable as withdrawals made in small amounts mostly by…