https://www.taxtmi.com/caselaws?id=785880 Where cash deposits during the demonetisation period are duly recorded in audited books as sales and business receipts, treating the same amounts as unexplained cash under the revenue's claim is unsustainable; the addition under the income tax assessment was therefore deleted. Payments characterised as commission were sustained where they were remitted through banking channels, subject to tax deducted at source, and previously accepted in earlier years; absent any finding that the expenses were bogus or not incurred for business purposes, the disallowance was deleted. The assessee's appeal was allowed. en-us Thu, 29 Jan 2026 00:00:00 +0530 Mon, 02 Feb 2026 08:20:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785880 Where cash deposits during the demonetisation period are duly recorded in audited books as sales and business receipts, treating the same amounts as unexplained cash under the revenue's claim is unsustainable; the addition under the income tax assessment was therefore deleted. Payments characterised as commission were sustained where they were remitted through banking channels, subject to tax deducted at source, and previously accepted in earlier years; absent any finding that the expenses were bogus or not incurred for business purposes, the disallowance was deleted. The assessee's appeal was allowed. Case-Laws Income Tax Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785880