https://www.taxtmi.com/caselaws?id=777399 Peak cash credit assessed as unexplained under section 69A was examined against the assessee's claim that the deposits came from agricultural receipts in a joint family holding. With incomplete supporting details on landholding and the family share, and having regard to possible past savings and surrounding circumstances, the addition was not sustained in full. The matter was treated as suitable for reasonable estimation, and the addition was restricted to a lump sum, resulting in partial relief to the assessee. en-us Thu, 09 Jan 2025 00:00:00 +0530 Fri, 29 Aug 2025 08:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777399 Peak cash credit assessed as unexplained under section 69A was examined against the assessee's claim that the deposits came from agricultural receipts in a joint family holding. With incomplete supporting details on landholding and the family share, and having regard to possible past savings and surrounding circumstances, the addition was not sustained in full. The matter was treated as suitable for reasonable estimation, and the addition was restricted to a lump sum, resulting in partial relief to the assessee. Case-Laws Income Tax Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777399