https://www.taxtmi.com/caselaws?id=784249 Addition under s. 69A for cash deposits was sustained because the assessee's plea that bank deposits were sourced from large cash-in-hand was contradicted by the cash balance disclosed in "Schedule AL" of the return for the relevant year, and an uncorroborated balance sheet was held to lack evidentiary value to rebut the return disclosure; consequently, the deposits were treated as unexplained money and added to income. Classification of receipts for permitting installation of an advertisement hoarding on the terrace was determined from the agreement terms to be consideration for hoarding rights rather than property rent, and, following HC precedents, was taxable under "Income from other sources"; consequently, the assessee's appeal was dismissed. en-us Thu, 15 May 2025 00:00:00 +0530 Tue, 30 Dec 2025 17:22:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784249 Addition under s. 69A for cash deposits was sustained because the assessee's plea that bank deposits were sourced from large cash-in-hand was contradicted by the cash balance disclosed in "Schedule AL" of the return for the relevant year, and an uncorroborated balance sheet was held to lack evidentiary value to rebut the return disclosure; consequently, the deposits were treated as unexplained money and added to income. Classification of receipts for permitting installation of an advertisement hoarding on the terrace was determined from the agreement terms to be consideration for hoarding rights rather than property rent, and, following HC precedents, was taxable under "Income from other sources"; consequently, the assessee's appeal was dismissed. Case-Laws Income Tax Thu, 15 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784249