https://www.taxtmi.com/caselaws?id=467071 The tribunal addressed two issues: whether cash deposits during demonetisation were explained by prior withdrawals from the assessee's son's NRE account, and whether assessed interest income required addition. For the source-of-funds issue the tribunal accepted the withdrawals as genuine in principle but remanded the matter to the assessing officer to obtain an affidavit/confirmation from the son and any supporting documents before deciding; outcome therefore requires verification. For the interest issue the tribunal directed verification of bank credit timing and related evidence (including bank statements and tax credit records) and ordered deletion if the credit post-dates the relevant period. en-us Mon, 24 Feb 2025 00:00:00 +0530 Wed, 04 Mar 2026 17:18:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467071 The tribunal addressed two issues: whether cash deposits during demonetisation were explained by prior withdrawals from the assessee's son's NRE account, and whether assessed interest income required addition. For the source-of-funds issue the tribunal accepted the withdrawals as genuine in principle but remanded the matter to the assessing officer to obtain an affidavit/confirmation from the son and any supporting documents before deciding; outcome therefore requires verification. For the interest issue the tribunal directed verification of bank credit timing and related evidence (including bank statements and tax credit records) and ordered deletion if the credit post-dates the relevant period. Case-Laws Income Tax Mon, 24 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467071