https://www.taxtmi.com/caselaws?id=784985 Unexplained cash deposits alleged under section 69A were examined against the assessees explanation of agricultural income, past family savings and retirement/pension receipts; the explanation lacked a supporting cash flow statement, diminishing evidentiary weight and resulting in only a partial acceptance of claimed sources. In light of the assessees ownership of agricultural land and asserted past savings, a notional credit of Rs 10,00,000 was allowed to reduce the disputed amount, while Rs 5,25,500 was sustained as unexplained money under section 69A, producing a partly favourable result for the assessee. en-us Wed, 26 Nov 2025 00:00:00 +0530 Thu, 15 Jan 2026 08:41:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784985 Unexplained cash deposits alleged under section 69A were examined against the assessees explanation of agricultural income, past family savings and retirement/pension receipts; the explanation lacked a supporting cash flow statement, diminishing evidentiary weight and resulting in only a partial acceptance of claimed sources. In light of the assessees ownership of agricultural land and asserted past savings, a notional credit of Rs 10,00,000 was allowed to reduce the disputed amount, while Rs 5,25,500 was sustained as unexplained money under section 69A, producing a partly favourable result for the assessee. Case-Laws Income Tax Wed, 26 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784985