https://www.taxtmi.com/caselaws?id=776402 Cash deposits in a bank account were treated as unexplained money under section 69A because the assessee neither filed a return nor complied with assessment and appellate notices, and offered no material to explain the source of the deposits. The Assessing Officer completed the assessment ex parte under section 144, the first appellate authority sustained the addition, and the Tribunal found no rebuttal or contrary evidence from the assessee. On that basis, the addition was upheld as the unexplained cash deposits remained uncontroverted. en-us Mon, 06 Jan 2025 00:00:00 +0530 Sat, 09 Aug 2025 09:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776402 Cash deposits in a bank account were treated as unexplained money under section 69A because the assessee neither filed a return nor complied with assessment and appellate notices, and offered no material to explain the source of the deposits. The Assessing Officer completed the assessment ex parte under section 144, the first appellate authority sustained the addition, and the Tribunal found no rebuttal or contrary evidence from the assessee. On that basis, the addition was upheld as the unexplained cash deposits remained uncontroverted. Case-Laws Income Tax Mon, 06 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776402