https://www.taxtmi.com/caselaws?id=785123 Unexplained cash deposits during the demonetization period were addressed: where the assessee failed to satisfactorily explain nature and source of cash, the assessing officers addition and the assessees claim of sufficient cash both found unacceptable, and precedents were held distinguishable on facts. The operative treatment applied an estimation principle that 50% of total cash deposited during demonetization can reasonably be treated as available to the assessee for making those deposits, resulting in appeals being partly allowed accordingly. en-us Mon, 12 Jan 2026 00:00:00 +0530 Sat, 17 Jan 2026 08:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785123 Unexplained cash deposits during the demonetization period were addressed: where the assessee failed to satisfactorily explain nature and source of cash, the assessing officers addition and the assessees claim of sufficient cash both found unacceptable, and precedents were held distinguishable on facts. The operative treatment applied an estimation principle that 50% of total cash deposited during demonetization can reasonably be treated as available to the assessee for making those deposits, resulting in appeals being partly allowed accordingly. Case-Laws Income Tax Mon, 12 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785123