https://www.taxtmi.com/caselaws?id=779722 Unexplained cash deposits under sections 68 and 69A were examined against the assessee's claimed agricultural cash source. The accepted cultivation of 61.2 bighas left room for some agricultural income, but the assessee did not fully reconcile the deposits with that source or discharge the burden of explanation. The addition was therefore not sustained in full and was restricted on an estimated basis, with only a nominal amount of Rs. 2,00,000 retained and the balance relief allowed. en-us Wed, 22 Jan 2025 00:00:00 +0530 Sat, 11 Oct 2025 09:01:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779722 Unexplained cash deposits under sections 68 and 69A were examined against the assessee's claimed agricultural cash source. The accepted cultivation of 61.2 bighas left room for some agricultural income, but the assessee did not fully reconcile the deposits with that source or discharge the burden of explanation. The addition was therefore not sustained in full and was restricted on an estimated basis, with only a nominal amount of Rs. 2,00,000 retained and the balance relief allowed. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779722