https://www.taxtmi.com/caselaws?id=782989 Cash deposits during demonetisation were not treated as wholly unexplained where the assessee produced return filings, declared cash balance and prior withdrawals; the Tribunal therefore restricted the addition to a lump sum estimate instead of sustaining the entire amount. Section 115BBE was held inapplicable to the assessed transactions because its operative reach was confined to transactions on or after 01.04.2017, so the computation had to be made under the normal provisions of the Income-tax Act. The appeal succeeded only in part, with partial relief on the unexplained income issue and the special tax treatment displaced. en-us Thu, 27 Nov 2025 00:00:00 +0530 Mon, 08 Dec 2025 08:31:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782989 Cash deposits during demonetisation were not treated as wholly unexplained where the assessee produced return filings, declared cash balance and prior withdrawals; the Tribunal therefore restricted the addition to a lump sum estimate instead of sustaining the entire amount. Section 115BBE was held inapplicable to the assessed transactions because its operative reach was confined to transactions on or after 01.04.2017, so the computation had to be made under the normal provisions of the Income-tax Act. The appeal succeeded only in part, with partial relief on the unexplained income issue and the special tax treatment displaced. Case-Laws Income Tax Thu, 27 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782989