ITAT Deletes Cash Deposit Addition of ₹25.25 Lakh for Illiterate Agriculturist, Accepting Them as Own Account Redepts

The Chandigarh Bench of ITAT deleted a cash deposit addition of ₹25.25 lakh made against an illiterate agriculturist examining the genuineness of deposits as own-account redeposits. The tribunal accepted the assessee’s explanation and evidence supporting the origin of funds, emphasizing a fair approach in cases involving vulnerable taxpayers. The ruling reflects the principle that tax authorities must carefully evaluate evidentiary adequacy before making adverse additions, especially when dealing with non-professional persons.