https://www.taxtmi.com/caselaws?id=778640 ITAT (Agra) - AT accepted that cash gifted by the taxpayer's father-in-law to the taxpayer's spouse, later advanced to the taxpayer, is genuine and constitutes an available cash source to explain bank deposits. Claims of cash receipts as agricultural lease income and sale of trees were restored to the AO for factual verification on the basis of submitted affidavits and documents; if verified, those amounts are to be accepted as cash sources for demonetization-period deposits. The appeal of the taxpayer is allowed for statistical purposes. 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=778640 ITAT (Agra) - AT accepted that cash gifted by the taxpayer's father-in-law to the taxpayer's spouse, later advanced to the taxpayer, is genuine and constitutes an available cash source to explain bank deposits. Claims of cash receipts as agricultural lease income and sale of trees were restored to the AO for factual verification on the basis of submitted affidavits and documents; if verified, those amounts are to be accepted as cash sources for demonetization-period deposits. The appeal of the taxpayer is allowed for statistical purposes. Case-Laws Income Tax Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778640