The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that addition on unexplained deposits deleted without valid documents is not allowable. Based on information about Sadhanakari Khaja Rahmathulla, the assessee that the department has in its possession information to the effect that the assessee deposited Rs.2,53,18,080 in cash in the Andhra Pragathi…
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