https://www.taxtmi.com/caselaws?id=786537 Section 69A is inapplicable to cash deposits in specified bank notes during the demonetization period where those receipts are recorded in audited books, the source is explained on verification and the turnover is accepted by tax and commercial authorities; the statutory test requires money to be unrecorded to attract addition, and procedural demonetization notifications alone do not convert recorded business receipts into unexplained income. Because deposits showed consistency and the explanation was accepted, addition under the unexplained-money doctrine was held unsustainable and the appeal allowed in favour of the assessee. en-us Wed, 07 Jan 2026 00:00:00 +0530 Thu, 12 Feb 2026 15:38:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786537 Section 69A is inapplicable to cash deposits in specified bank notes during the demonetization period where those receipts are recorded in audited books, the source is explained on verification and the turnover is accepted by tax and commercial authorities; the statutory test requires money to be unrecorded to attract addition, and procedural demonetization notifications alone do not convert recorded business receipts into unexplained income. Because deposits showed consistency and the explanation was accepted, addition under the unexplained-money doctrine was held unsustainable and the appeal allowed in favour of the assessee. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786537