https://www.taxtmi.com/caselaws?id=771034 Cash deposits made during the demonetisation period were treated as explained because the assessee produced cash book, bank statements and supporting records showing that the deposits arose from milk sales and agricultural income. The material also showed no substantial increase in deposits compared with earlier years, undermining the addition. On that basis, the partial sustenance of the addition by the first appellate authority was found unjustified, and the cash-deposit addition was deleted. en-us Wed, 30 Apr 2025 00:00:00 +0530 Tue, 20 May 2025 08:53:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771034 Cash deposits made during the demonetisation period were treated as explained because the assessee produced cash book, bank statements and supporting records showing that the deposits arose from milk sales and agricultural income. The material also showed no substantial increase in deposits compared with earlier years, undermining the addition. On that basis, the partial sustenance of the addition by the first appellate authority was found unjustified, and the cash-deposit addition was deleted. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771034