https://www.taxtmi.com/caselaws?id=778339 ITAT, Mumbai (AT) allowed the assessee's appeal against additions under ss. 69A read with 115BBE (and s. 68) relating to cash deposits in SBNs. The Tribunal found the assessee deposited less cash in the impugned year than during demonetization, and the source of deposits-cash sales and recoveries from trade debtors-was satisfactorily explained. Reliance on a co-ordinate bench decision led the AT to hold the additions unjustified and to set them aside. en-us Thu, 16 Jan 2025 00:00:00 +0530 Sat, 13 Sep 2025 12:00:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778339 ITAT, Mumbai (AT) allowed the assessee's appeal against additions under ss. 69A read with 115BBE (and s. 68) relating to cash deposits in SBNs. The Tribunal found the assessee deposited less cash in the impugned year than during demonetization, and the source of deposits-cash sales and recoveries from trade debtors-was satisfactorily explained. Reliance on a co-ordinate bench decision led the AT to hold the additions unjustified and to set them aside. Case-Laws Income Tax Thu, 16 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778339