Rupal jain (Mrs) v. CIT (2023) 454 ITR 813 / 294 Taxman 261 (SC) Editorial : Affirmed, Rupal jain (Mrs) v. CIT (2023) 152 taxmann.com 345 (All)(HC)

S. 68 : Cash credits-Bank deposit-Failure to prove the nature of the source-Order of High Court is affirmed-SLP of assessee dismissed. [Art. 136]

High Court  held that that though the  assessee  had disclosed source of deposit but could not establish nature thereof.  Three conditions required to be proved  could not be proved,   the addition was affirmed. SLP of assessee is dismissed.