https://www.taxtmi.com/caselaws?id=784832 Addition under section 69A concerning cash deposits during demonetisation is examined by attributing deposits to identifiable lawful sources. Cash deposits of Rs. 7 lakhs were attributed to assessed agricultural activity based on ownership of 1012 bighas and prior accepted agricultural income; Rs. 4 lakhs were attributed to family savings given agricultural background; and Rs. 2 lakhs to wedding gifts and personal savings, resulting in deletion of additions to the extent of Rs. 13 lakhs. Findings rested on evaluation of evidentiary materials and reasonable attribution rather than wholesale rejection of the taxpayers explanations. en-us Wed, 30 Apr 2025 00:00:00 +0530 Sat, 10 Jan 2026 13:47:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784832 Addition under section 69A concerning cash deposits during demonetisation is examined by attributing deposits to identifiable lawful sources. Cash deposits of Rs. 7 lakhs were attributed to assessed agricultural activity based on ownership of 1012 bighas and prior accepted agricultural income; Rs. 4 lakhs were attributed to family savings given agricultural background; and Rs. 2 lakhs to wedding gifts and personal savings, resulting in deletion of additions to the extent of Rs. 13 lakhs. Findings rested on evaluation of evidentiary materials and reasonable attribution rather than wholesale rejection of the taxpayers explanations. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784832