https://www.taxtmi.com/caselaws?id=788648 Where regular books of account and audited cash records showed sufficient cash in hand to explain demonetisation-period deposits, an addition as unexplained cash deposits could not be sustained merely because the deposits were made later in November 2016. The decisive factor was the availability of recorded cash balance, supported by opening cash, receipts and withdrawals, which exceeded the deposits made after 08.11.2016. Suspicion about the timing of deposit, without disputing the cash availability in the books, was insufficient to justify the addition. The unexplained cash deposit addition was therefore deleted. en-us Mon, 23 Mar 2026 00:00:00 +0530 Thu, 26 Mar 2026 09:05:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788648 Where regular books of account and audited cash records showed sufficient cash in hand to explain demonetisation-period deposits, an addition as unexplained cash deposits could not be sustained merely because the deposits were made later in November 2016. The decisive factor was the availability of recorded cash balance, supported by opening cash, receipts and withdrawals, which exceeded the deposits made after 08.11.2016. Suspicion about the timing of deposit, without disputing the cash availability in the books, was insufficient to justify the addition. The unexplained cash deposit addition was therefore deleted. Case-Laws Income Tax Mon, 23 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788648