https://www.taxtmi.com/caselaws?id=784423 Opening cash balance cannot be treated as unexplained money under section 69A without verifying the bank statements and cash records. The assessee produced bank account statements and relevant ledgers, and the factual availability of cash at year-end required examination of those supporting materials. The matter was therefore sent back for verification by the Assessing Officer on the basis of the bank statements and related records, and the addition was not finally decided on merits. en-us Fri, 14 Nov 2025 00:00:00 +0530 Mon, 05 Jan 2026 08:04:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784423 Opening cash balance cannot be treated as unexplained money under section 69A without verifying the bank statements and cash records. The assessee produced bank account statements and relevant ledgers, and the factual availability of cash at year-end required examination of those supporting materials. The matter was therefore sent back for verification by the Assessing Officer on the basis of the bank statements and related records, and the addition was not finally decided on merits. Case-Laws Income Tax Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784423