https://www.taxtmi.com/caselaws?id=784217 Deletion of addition under s. 69A turned on whether cash deposits were "unexplained." The Tribunal held the assessee furnished verifiable documents establishing a one-to-one correlation between stamp-paper sales, daily cash collections, bank deposits, and remittances to the treasury, and the Revenue produced no material to discredit these records or show an alternative source; as the assessee functioned as an agent earning only commission, the collections could not be treated as his unexplained income. The s. 69A addition was directed to be deleted. On deduction of housing-loan interest under s. 24(b), the Tribunal held the appellate authority erred in refusing to adjudicate a statutory claim on merits; the issue was remitted to the AO for fresh verification and decision. en-us Tue, 09 Dec 2025 00:00:00 +0530 Wed, 31 Dec 2025 09:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784217 Deletion of addition under s. 69A turned on whether cash deposits were "unexplained." The Tribunal held the assessee furnished verifiable documents establishing a one-to-one correlation between stamp-paper sales, daily cash collections, bank deposits, and remittances to the treasury, and the Revenue produced no material to discredit these records or show an alternative source; as the assessee functioned as an agent earning only commission, the collections could not be treated as his unexplained income. The s. 69A addition was directed to be deleted. On deduction of housing-loan interest under s. 24(b), the Tribunal held the appellate authority erred in refusing to adjudicate a statutory claim on merits; the issue was remitted to the AO for fresh verification and decision. Case-Laws Income Tax Tue, 09 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784217