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Whether on the facts and in the circumstances of thecase, Ld. CIT(A) was justified in deleting the addition of Rs. 2,19,13,800/- made on account of unexplained expenditure in the purchase of gold bullion u/s 69C of the I.T. Act, 1961.

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Sec. 69C of Income Tax Act, 1961— Unexplained expenditure—Where the assessee discharge his duty satisfactorily given all required details the burden shifts on the revenue to disprove the evidences filed by the assessee and if it is unable to do so then the assessee deserves relief- If the assessee filed ample evidences to discharge the burden carted upon him and the assessing officer fails to bring any material on record to show that explanation filed by the assessee are unsatisfactory, then addition u/s 68 for unexplained cash creditors is not justified. - ASSTT. CIT V/s DEEPAK SONI - [2020] 82 ITR (TRIB) 324 (ITAT-INDORE)