https://www.taxtmi.com/caselaws?id=775604 Documentary evidence and sworn affidavits can satisfactorily explain cash deposits for section 69 purposes where they are not rebutted by cross-examination or contrary material. An agreement to sell agricultural land was accepted as proof of advance money, and registration was not treated as compulsory to establish receipt of the cash, so the addition of the deposit was deleted. Agricultural receipts supported by lease deeds, J-Forms and jamabandi were also accepted as explaining the second deposit, and the addition was deleted because the revenue did not discredit the records or the sale proceeds. en-us Mon, 30 Jun 2025 00:00:00 +0530 Mon, 23 Feb 2026 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775604 Documentary evidence and sworn affidavits can satisfactorily explain cash deposits for section 69 purposes where they are not rebutted by cross-examination or contrary material. An agreement to sell agricultural land was accepted as proof of advance money, and registration was not treated as compulsory to establish receipt of the cash, so the addition of the deposit was deleted. Agricultural receipts supported by lease deeds, J-Forms and jamabandi were also accepted as explaining the second deposit, and the addition was deleted because the revenue did not discredit the records or the sale proceeds. Case-Laws Income Tax Mon, 30 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775604