https://www.taxtmi.com/caselaws?id=782139 Bank deposits were found not to be unexplained money under section 69A because the assessee substantiated an existing retail liquor business with prior assessment records, licence fee documents and an audited balance sheet showing receivables. In the absence of any adverse material discrediting the business or the receivables, the realization of those receivables was accepted as an explained source for the deposits. On that basis, the addition was deleted. en-us Wed, 19 Nov 2025 00:00:00 +0530 Tue, 25 Nov 2025 08:55:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782139 Bank deposits were found not to be unexplained money under section 69A because the assessee substantiated an existing retail liquor business with prior assessment records, licence fee documents and an audited balance sheet showing receivables. In the absence of any adverse material discrediting the business or the receivables, the realization of those receivables was accepted as an explained source for the deposits. On that basis, the addition was deleted. Case-Laws Income Tax Wed, 19 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782139