Suthakar Selvaraj Vs ITO (ITAT Bangalore)No Addition Can Be Made on Mere Presumption About Withdrawal Habits- ITAT Bangalore Deletes Addition on Cash Deposits – Withdrawals from Same Bank Account Accepted- Salaried Employee’s Bank Withdrawals Accepted as Source of Deposits– Assessee’s Cash Flow Statement AcceptedAssessee, an employee of BEML Ltd, filed return declaring income of ₹5,78,420. Before ITAT, assessee produced cash flow & bank statements showing withdrawals of ₹11,08,500 on 117 occasions, matching the deposits. This appeal is late by 55 days and therefore the assessee filed an application for condonation of the delay along with. The assessee explained that sum is deposited out of earlier cash withdrawal from the same bank account. The assessee enclosed detailed cash statement showing that the cash withdrawal is the source of deposits of cash made in the same bank account.