https://www.taxtmi.com/caselaws?id=785182 Addition on account of cash deposits was held unjustified where the assessee produced a complete month-wise cash book reflecting withdrawals and cash sales that explained bank deposits, and the books of account were not rejected. The tribunal found no defects in the maintained records and no negative cash balance to indicate unexplained receipts, so the reliance on unexplained bank deposits to make additions was improper; consequence: the addition was set aside and the assessee's appeal allowed. en-us Wed, 26 Nov 2025 00:00:00 +0530 Mon, 19 Jan 2026 07:37:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785182 Addition on account of cash deposits was held unjustified where the assessee produced a complete month-wise cash book reflecting withdrawals and cash sales that explained bank deposits, and the books of account were not rejected. The tribunal found no defects in the maintained records and no negative cash balance to indicate unexplained receipts, so the reliance on unexplained bank deposits to make additions was improper; consequence: the addition was set aside and the assessee's appeal allowed. Case-Laws Income Tax Wed, 26 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785182