https://www.taxtmi.com/caselaws?id=782745 ITAT Bangalore set aside the addition made under s.69A on cash deposits during the demonetization period and remanded the matter to the AO for de novo adjudication. The assessee had claimed that the deposits represented the husband's agricultural income and unsecured loans from a cousin, supporting this with pahani records, a confirmation letter and bank statements, but had not been afforded effective opportunity before lower authorities. Observing violation of principles of natural justice, ITAT directed the AO to reconsider the claim afresh in accordance with law, partly allowing the appeal for statistical purposes. en-us Wed, 12 Nov 2025 00:00:00 +0530 Wed, 03 Dec 2025 08:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782745 ITAT Bangalore set aside the addition made under s.69A on cash deposits during the demonetization period and remanded the matter to the AO for de novo adjudication. The assessee had claimed that the deposits represented the husband's agricultural income and unsecured loans from a cousin, supporting this with pahani records, a confirmation letter and bank statements, but had not been afforded effective opportunity before lower authorities. Observing violation of principles of natural justice, ITAT directed the AO to reconsider the claim afresh in accordance with law, partly allowing the appeal for statistical purposes. Case-Laws Income Tax Wed, 12 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782745