ITO Vs Raj Kumar (ITAT Chandigarh)The Chandigarh Bench of the ITAT dismissed the Revenue’s appeal and upheld the order of the CIT(A) deleting an addition of ₹1.95 crore made under section 69A for alleged unexplained cash deposits for AY 2017-18. The assessee, an authorised distributor of mobile recharge coupons for Bharti Airtel Ltd., had deposited large amounts of cash in his bank account, which were subsequently transferred to Airtel for purchase of recharge coupons. The appellant has raised 5 grounds of appeal, all relating to the additions made in the assessment order u/s 147 r.w.s 144 r.w.s 144B dated 14.03.2022. Therefore, the addition made u/s 69A of Rs.1,95,61,2407- as Unexplained Money u/s 69A of the Act being the cash deposits is not warranted. A perusal of the order of ld.CIT (Appeals) would reveal that assessee was an authorized distributor of mobile recharge coupon with Airtel company.