https://www.taxtmi.com/caselaws?id=776094 Cash deposits in the assessee's bank account were accepted as business receipts where the sales figures for the year, and the preceding year, showed that cash sales and cash deposits during the relevant period, including the demonetisation period, were broadly commensurate with business turnover. On that factual basis, the deposits were treated as having a business source rather than as income from undisclosed sources, and the addition for unexplained cash deposits was deleted. en-us Thu, 02 Jan 2025 00:00:00 +0530 Tue, 05 Aug 2025 07:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776094 Cash deposits in the assessee's bank account were accepted as business receipts where the sales figures for the year, and the preceding year, showed that cash sales and cash deposits during the relevant period, including the demonetisation period, were broadly commensurate with business turnover. On that factual basis, the deposits were treated as having a business source rather than as income from undisclosed sources, and the addition for unexplained cash deposits was deleted. Case-Laws Income Tax Thu, 02 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776094