https://www.taxtmi.com/caselaws?id=466481 Unexplained cash deposits were treated as undisclosed income where the assessee failed to produce evidence to rebut the statutory presumption under Sections 68 and 69A. In an ex parte assessment under Section 144, the AO, CIT(A), NFAC and ITAT all concurrently found no material to explain the source of the deposits. The Supreme Court found no good ground to interfere with that concurrent view and dismissed the special leave petition. en-us Tue, 04 Mar 2025 00:00:00 +0530 Mon, 09 Feb 2026 21:21:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466481 Unexplained cash deposits were treated as undisclosed income where the assessee failed to produce evidence to rebut the statutory presumption under Sections 68 and 69A. In an ex parte assessment under Section 144, the AO, CIT(A), NFAC and ITAT all concurrently found no material to explain the source of the deposits. The Supreme Court found no good ground to interfere with that concurrent view and dismissed the special leave petition. Case-Laws Income Tax Tue, 04 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466481