https://www.taxtmi.com/caselaws?id=785215 Addition of cash deposits during demonetization was challenged as unexplained income; reliance on contemporaneous business cash book and the fact that business was the sole source of income established that deposits represented recorded sales, which rebutted the assessment addition, and the contested addition was held unsustainable, resulting in deletion of the impugned income addition and allowing relief to the taxpayer. en-us Mon, 15 Dec 2025 00:00:00 +0530 Tue, 20 Jan 2026 06:31:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785215 Addition of cash deposits during demonetization was challenged as unexplained income; reliance on contemporaneous business cash book and the fact that business was the sole source of income established that deposits represented recorded sales, which rebutted the assessment addition, and the contested addition was held unsustainable, resulting in deletion of the impugned income addition and allowing relief to the taxpayer. Case-Laws Income Tax Mon, 15 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785215