https://www.taxtmi.com/caselaws?id=771929 The ITAT Pune held that section 69A regarding unexplained money could not be invoked against the assessee who had maintained specific records successfully explaining alleged cash deposits. Since the source of the cash was adequately explained with proper documentation, the provisions of section 69A and section 115BBE were not applicable. The tribunal reversed the CIT(A)'s findings and allowed the assessee's appeal, ruling in favor of the taxpayer. en-us Tue, 06 May 2025 00:00:00 +0530 Sun, 01 Jun 2025 10:28:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771929 The ITAT Pune held that section 69A regarding unexplained money could not be invoked against the assessee who had maintained specific records successfully explaining alleged cash deposits. Since the source of the cash was adequately explained with proper documentation, the provisions of section 69A and section 115BBE were not applicable. The tribunal reversed the CIT(A)'s findings and allowed the assessee's appeal, ruling in favor of the taxpayer. Case-Laws Income Tax Tue, 06 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771929