https://www.taxtmi.com/caselaws?id=775775 The note explains that cash deposits of specified bank notes during demonetisation cannot, by themselves, justify an addition under section 69A where the assessee's source explanation is supported by member-wise details. It also states that, for an assessment year before the stricter filing amendment, deduction under section 80P cannot be denied merely because the regular return was not filed by the due date when the claim was made in response to statutory notice; sections 80A(5) and 80AC were treated as inapplicable on those facts. The article further records a liberal approach to condonation where reasonable cause was shown for the delay in filing the appeal. en-us Mon, 14 Jul 2025 00:00:00 +0530 Thu, 31 Jul 2025 08:17:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775775 The note explains that cash deposits of specified bank notes during demonetisation cannot, by themselves, justify an addition under section 69A where the assessee's source explanation is supported by member-wise details. It also states that, for an assessment year before the stricter filing amendment, deduction under section 80P cannot be denied merely because the regular return was not filed by the due date when the claim was made in response to statutory notice; sections 80A(5) and 80AC were treated as inapplicable on those facts. The article further records a liberal approach to condonation where reasonable cause was shown for the delay in filing the appeal. Case-Laws Income Tax Mon, 14 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775775