Opening Cash Balance Accepted After AO Verification, Section 69A Addition Quashed

Prabhat Mishra Vs ITO (ITAT Raipur) Cash deposits explained by opening balance & genuine agricultural income; ITAT Raipur deletes additions u/s 69A Raipur Tribunal allowed Assessee’s appeal & set aside order of CIT(A)/NFAC sustaining addition u/s 69A. Tribunal noted that opening cash balance of ₹6,16,285 was duly brought forward from earlier year & stood verified & accepted by AO in remand report after examination of cash flow statement & books of account. Tribunal further held that agricultural income of ₹11,00,996 claimed by Assessee was fully supported by Rin Pusti...