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Finding that the assessee has properly explained the source of cash deposit, the Visakhapatnam ITAT directed the AO to delete the addition made u/s 69A of the Income Tax Act. .

Andhra pradeshIncome taxDuvvuru rl reddyJudicial memberShort term capital gainVishakhapatnam itatCash depositElete the additionS 69a of the income tax act