Dismissing the appeal of the revenue the Court held that ; Cash deposits were supported by registered sale deeds of flats sold and materials purchased was supported by duly signed Vouchers hence deletion was held to be justified .( AY. 2005 -06)
CIT v. Mohd. Sahid Prop. M/S. Azim Builders (2018) 402 ITR 110 (All) (HC)
S. 68: Cash credits — Cash deposits were supported by registered sale deeds of flats sold and materials purchased was supported by duly signed Vouchers hence deletion was held to be justified .[ S. 69 ]