ITAT deletes addition for Cash Deposit considering evidence submitted by appellant

Sudha Vs ITO (ITAT Delhi)

Introduction: The Income Tax Appellate Tribunal (ITAT) Delhi recently announced a ruling in the case of Sudha Vs ITO, where the assessee filed an appeal against the additional cash deposit made from past savings and agricultural operations. The initial addition was regarded as an unexplained cash credit, leading to an increased total income for the assessee.

Analysis: The assessee successfully challenged the ld CIT(A)’s orde

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