Hemant Samarataji Lohar v. CIT(A) [2024] 163 taxmann.com 292 (SMC)(Mum.)(Trib.)

S. 69A: Unexplained moneys-Search-Cash seized during search-Explained the source of cash-Addition is deleted. [S. 132]

During the search conducted at premises of assessee, cash amount of certain amount was found and seized, since assessee disclosed source of said cash having been accumulated/received from relatives on various occasions as well as by family members of assessee which assessee had also recorded in his books of account, impugned addition u/s 69A made on account of said amount seized was to be deleted.  (AY. 2019-20) 

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