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2017 (7) TMI 205 - ITAT INDOREAddition on account of cash deposit in bank - Held that:- All entries of cash deposit are duly rotated through cashbook and it is duly reflected. However, it appears that the Ld. CIT (A) has not seems to have consider and examined the details as claimed in cashbook. Therefore, the CIT (A) is not justified in allowing credit of ₹ 10 Lakh on account of rotation of cash out of total cash deposit of ₹ 16,34,750/- . Therefore, this limited issue is requires reexamination by the AO. We set-aside the issue to the file of the AO to examine the additional evidence produced and whether entries are duly appearing in cashbook and books of accounts. Appeal of the assessee is allowed for statistical purpose.
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