No additions if AO failed to contradict assessee’s contention that he didn’t deposit cash in his bank a/c: ITAT

INCOME TAX : Where AO made additions under section 68 in respect of cash deposits in bank account of assessee, since assessee had consistently stated that said amount was not deposited by him and his account was misused by a bank personnel without his authority, further, specific depositing slip of cash was also not under assessee's signatures and revenue had ignored these assertions and had not given any finding on them, matter was to be remanded

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