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Issues: Whether the sustained addition for cash deposits in specified bank notes was justified as unexplained money despite the assessee's explanation that it represented past savings.
Analysis: The assessee, a senior citizen regularly filing income-tax returns, explained that the amount sustained represented past savings. The explanation was considered credible in the circumstances, including the withdrawal made for the medical treatment of the assessee's mother and the redeposit after her death before treatment could commence.
Conclusion: The addition sustained for unexplained money was deleted in favour of the assessee.
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