https://www.taxtmi.com/caselaws?id=778297 ITAT MUMBAI allowed the appeal and deleted additions under s.69A relating to cash deposits during the demonetisation period. The tribunal accepted that a large deposit arose from cancellation of a sale agreement and was supported by bank evidence of payment to the vendor. Cash receipts totalling INR 1,56,000 were held to be permanent alimony/expenses returned by the prospective spouse's side and, together with documented withdrawals for wedding expenses, justified the deposits. No material proved the transactions were bogus. en-us Thu, 04 Sep 2025 00:00:00 +0530 Sat, 13 Sep 2025 08:47:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778297 ITAT MUMBAI allowed the appeal and deleted additions under s.69A relating to cash deposits during the demonetisation period. The tribunal accepted that a large deposit arose from cancellation of a sale agreement and was supported by bank evidence of payment to the vendor. Cash receipts totalling INR 1,56,000 were held to be permanent alimony/expenses returned by the prospective spouse's side and, together with documented withdrawals for wedding expenses, justified the deposits. No material proved the transactions were bogus. Case-Laws Income Tax Thu, 04 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778297