https://www.taxtmi.com/caselaws?id=467545 Cash deposits linked to flat bookings were not liable to be treated as unexplained income under section 68 where the assessee produced customer confirmations, PAN details, bank particulars and registered sale deeds showing that the receipts were advances from multiple purchasers. The documentary trail traced the cash to property transactions, and the Revenue did not bring effective rebuttal or contrary enquiry to dislodge that evidence. On those facts, the source of the deposits stood explained and the section 68 addition was deleted, granting partial relief to the assessee. en-us Tue, 18 Feb 2025 00:00:00 +0530 Mon, 23 Mar 2026 20:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467545 Cash deposits linked to flat bookings were not liable to be treated as unexplained income under section 68 where the assessee produced customer confirmations, PAN details, bank particulars and registered sale deeds showing that the receipts were advances from multiple purchasers. The documentary trail traced the cash to property transactions, and the Revenue did not bring effective rebuttal or contrary enquiry to dislodge that evidence. On those facts, the source of the deposits stood explained and the section 68 addition was deleted, granting partial relief to the assessee. Case-Laws Income Tax Tue, 18 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467545