https://www.taxtmi.com/caselaws?id=779721 Cash deposits were treated as explained where they followed closely after withdrawals from the same bank account, and the opening balance and intervening transactions showed sufficient available funds. Because the revenue did not establish that the withdrawn cash had been used elsewhere or that the deposits came from any independent unexplained source, the immediate source of the deposits was accepted as the earlier withdrawals. On that basis, the addition as unexplained money was not sustainable and was deleted. 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=779721 Cash deposits were treated as explained where they followed closely after withdrawals from the same bank account, and the opening balance and intervening transactions showed sufficient available funds. Because the revenue did not establish that the withdrawn cash had been used elsewhere or that the deposits came from any independent unexplained source, the immediate source of the deposits was accepted as the earlier withdrawals. On that basis, the addition as unexplained money was not sustainable and was deleted. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779721