Unexplained deposits in cash in bank - assessee's father was the ...
Cash Deposits Explained: Funds from Sale of Agricultural Land, Addition Deleted After Satisfactory Source Verification.
May 31, 2023
Case Laws Income Tax AT
Unexplained deposits in cash in bank - assessee's father was the owner of agriculture land and the said cash was deposited partly out proceeds from sale of agriculture land belonging to father - AO had only considered the cash deposit. Deposit of cash was duly explained during the remand before the ld. AO - Addition deleted - AT
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