https://www.taxtmi.com/caselaws?id=778642 ITAT DEHRADUN - AT allowed the appeal and deleted the addition under s.69A r.w.s.115BBE relating to cash deposited in SBNs during demonetization. The tribunal accepted the taxpayer's consistent claim that the deposits derived from bank withdrawals during 1.4.2016-8.11.2016 and past cash savings, noting an affidavit supporting this and no contrary material. Given the taxpayer's age and that Rs.6,48,000 was not excessive, the AO's disallowance of accumulated past savings was set aside. en-us Wed, 17 Sep 2025 00:00:00 +0530 Fri, 19 Sep 2025 08:33:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778642 ITAT DEHRADUN - AT allowed the appeal and deleted the addition under s.69A r.w.s.115BBE relating to cash deposited in SBNs during demonetization. The tribunal accepted the taxpayer's consistent claim that the deposits derived from bank withdrawals during 1.4.2016-8.11.2016 and past cash savings, noting an affidavit supporting this and no contrary material. Given the taxpayer's age and that Rs.6,48,000 was not excessive, the AO's disallowance of accumulated past savings was set aside. Case-Laws Income Tax Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778642