https://www.taxtmi.com/caselaws?id=464753 Cash deposits were examined under Section 69A and Section 115BBE of the Income-tax Act, 1961. The assessee supported the deposits with a cash flow statement and cash book showing opening cash balance from declared income, backed by earlier return filings, and produced confirmation letters and identity details for persons from whom loans had earlier been advanced and later repaid. On the material furnished, the explanation for the deposits was accepted as evidenced, and the addition was held unjustified. The addition under Section 69A read with Section 115BBE was deleted. en-us Thu, 23 Jan 2025 00:00:00 +0530 Wed, 12 Nov 2025 19:42:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464753 Cash deposits were examined under Section 69A and Section 115BBE of the Income-tax Act, 1961. The assessee supported the deposits with a cash flow statement and cash book showing opening cash balance from declared income, backed by earlier return filings, and produced confirmation letters and identity details for persons from whom loans had earlier been advanced and later repaid. On the material furnished, the explanation for the deposits was accepted as evidenced, and the addition was held unjustified. The addition under Section 69A read with Section 115BBE was deleted. Case-Laws Income Tax Thu, 23 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464753