THE COMMI.OF INCOME TAX,HYD. vs. VAIBHAV
ITTA/134/2003HC Telangana14 Sept 2022
Bench: C.V. BHASKAR REDDY,UJJAL BHUYAN
For Appellant: SRI A.V.KRISHNA KOUNDINYA, SENIOR COUNSELFor Respondent: SRI J.V'PRASAD, SC FOR l'T DEPARTMENT
Section 1aSection 250Section 260Section 68
cash balance and found that a
and brought to tax as "Income from other sources". Assessing
credit. \When explanation was sought for and obtained, the same
-t
difference of Rs. 1,87,718.00 could not be explained satisfactorily
by the assessee. Accordingly, the same was added to the income of
the assessee under Section 68 of the Act as "Income
