No addition for unexplained cash deposit if Sale amount exceeds cash deposit in bank

Virender Kumar Vs ITO (ITAT Delhi) Ld.CIT(A) sustained the addition of Rs.3,67,000/- on the ground that the assessee could not substantiate with evidence of sales and cash deposits made at Jam Nagar, Delhi and Jaipur and, therefore, cash deposits of Rs.3,16,000/- at Jaipur and Rs. 15,000/- at Jam Nagar and Rs.36,000/- at Delhi were sustained by the CIT(A). A perusal of the order of the CIT(A) shows that the assessee, before the AO, while explaining cash deposit at Jam Nagar, had submitted that an amount of Rs.10,000/- dated 03.09.2010 and Rs.5,000/- dated 20.01.2011 were deposited by a custome...