https://www.taxtmi.com/caselaws?id=754599 Cash deposits made during the demonetisation period are not taxable as unexplained money where books of account, cash flow, and contemporaneous business records establish an identifiable source. The assessee's cash-oriented business showed no abnormal variation in sales, cash sales, or deposits across relevant years, and the cash book supported availability of cash on 08.11.2016. Deposits explained as business receipts and collections from debtors were examined against the factual record and the specified bank notes framework, and the addition under section 69A read with section 115BBE was deleted because the source was not unexplained. en-us Fri, 19 Jan 2024 00:00:00 +0530 Thu, 27 Jun 2024 08:55:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754599 Cash deposits made during the demonetisation period are not taxable as unexplained money where books of account, cash flow, and contemporaneous business records establish an identifiable source. The assessee's cash-oriented business showed no abnormal variation in sales, cash sales, or deposits across relevant years, and the cash book supported availability of cash on 08.11.2016. Deposits explained as business receipts and collections from debtors were examined against the factual record and the specified bank notes framework, and the addition under section 69A read with section 115BBE was deleted because the source was not unexplained. Case-Laws Income Tax Fri, 19 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754599