https://www.taxtmi.com/caselaws?id=779429 ITAT held that additions based on cash deposits during the demonetisation period were deleted and the appeal of the assessee allowed because Revenue failed to prove that amounts earlier withdrawn were spent elsewhere rather than retained at the assessee's residence. The sole requirement for Revenue to establish was evidence showing the withdrawn cash had been expended; absent such proof, the addition could not be sustained. en-us Tue, 30 Sep 2025 00:00:00 +0530 Mon, 06 Oct 2025 09:10:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779429 ITAT held that additions based on cash deposits during the demonetisation period were deleted and the appeal of the assessee allowed because Revenue failed to prove that amounts earlier withdrawn were spent elsewhere rather than retained at the assessee's residence. The sole requirement for Revenue to establish was evidence showing the withdrawn cash had been expended; absent such proof, the addition could not be sustained. Case-Laws Income Tax Tue, 30 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779429