Allowing the appeal the Tribunal held that the assessee had cash in hand in its business concern and other individuals which was sufficient enough to cover the shortfall in surrender of income found during the course of search as on August 30, 2016. Therefore, since the assessee had explained the source of cash to the extent as on the date of search, it had rightly reduced the surrender of income. Addition was held to be not justified. (AY.2017-18)