Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2022 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (1) TMI 84 - ITAT MUMBAIAdditions u/s 68 - unexplained cash credit - HELD THAT:- CIT(A) has granted substantial relief to the assessee as against the addition of unexplained deposit. In assessment order, the Ld.CIT(A) finally sustained an addition. As evident, even in the remand report also certain amount were found to have remained unconfirmed. The inference drawn by the Ld.CIT(A) on the unconfirmed/unexplained deposit is reasonable. Hence, I do not find any infirmity in the order of the Ld.CIT(A). Accordingly, we uphold the same.- Decided against assessee.
|