https://www.taxtmi.com/caselaws?id=467536 Cash deposits cannot be taxed again under section 69A where they are already reflected in accepted business gross receipts and supported by books, ITR and cashbook evidence. The Tribunal noted that the Assessing Officer had accepted the business income embedded in the receipts, had not rejected the books, and produced no independent material showing fictitious cash receipts. As the same receipts were sought to be taxed twice, the addition was deleted and the Revenue's appeal dismissed. en-us Tue, 18 Feb 2025 00:00:00 +0530 Sat, 21 Mar 2026 13:03:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467536 Cash deposits cannot be taxed again under section 69A where they are already reflected in accepted business gross receipts and supported by books, ITR and cashbook evidence. The Tribunal noted that the Assessing Officer had accepted the business income embedded in the receipts, had not rejected the books, and produced no independent material showing fictitious cash receipts. As the same receipts were sought to be taxed twice, the addition was deleted and the Revenue's appeal dismissed. Case-Laws Income Tax Tue, 18 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467536