https://www.taxtmi.com/caselaws?id=467354 Whether unexplained cash deposits during the demonetisation period justified an addition under Section 69A is analysed by assessing documentary links between earlier fixed deposit maturities, accumulated agricultural receipts and the later bank cash deposits; the legal principle applied is that deposits are not 'unexplained' if the assessee satisfactorily proves lawful source. The Tribunal found withdrawals from fixed deposit maturities and aggregated agricultural income adequately explained significant cash receipts, and therefore the addition under Section 69A was not sustained and was directed to be deleted. en-us Thu, 20 Feb 2025 00:00:00 +0530 Sun, 15 Mar 2026 22:08:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467354 Whether unexplained cash deposits during the demonetisation period justified an addition under Section 69A is analysed by assessing documentary links between earlier fixed deposit maturities, accumulated agricultural receipts and the later bank cash deposits; the legal principle applied is that deposits are not 'unexplained' if the assessee satisfactorily proves lawful source. The Tribunal found withdrawals from fixed deposit maturities and aggregated agricultural income adequately explained significant cash receipts, and therefore the addition under Section 69A was not sustained and was directed to be deleted. Case-Laws Income Tax Thu, 20 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467354