https://www.taxtmi.com/caselaws?id=769109 ITAT Delhi allowed the assessee's appeal and directed deletion of addition under Section 69A regarding cash deposits during demonetization. The assessee operated an Electronic Voucher Distribution business for Tata Sky recharges with legitimate cash sales. Revenue failed to rebut the business nature or find discrepancies in books of account. Lower authorities acted on mere suspicion without proper basis, making the addition unsustainable under established legal principles. en-us Thu, 29 Aug 2024 00:00:00 +0530 Sat, 19 Apr 2025 08:32:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769109 ITAT Delhi allowed the assessee's appeal and directed deletion of addition under Section 69A regarding cash deposits during demonetization. The assessee operated an Electronic Voucher Distribution business for Tata Sky recharges with legitimate cash sales. Revenue failed to rebut the business nature or find discrepancies in books of account. Lower authorities acted on mere suspicion without proper basis, making the addition unsustainable under established legal principles. Case-Laws Income Tax Thu, 29 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769109