https://www.taxtmi.com/caselaws?id=788641 Unexplained bank credits during the demonetisation period could not be added where the assessee explained the deposits as sale consideration from rice business receipts, the books of account were not found defective, and the book results were not rejected. A partial acceptance of the deposits by the assessment order, without any rational basis or supporting analysis for treating the balance as unexplained, was unsustainable in law and on facts. The addition was deleted in favour of the assessee. en-us Mon, 16 Mar 2026 00:00:00 +0530 Thu, 26 Mar 2026 09:05:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788641 Unexplained bank credits during the demonetisation period could not be added where the assessee explained the deposits as sale consideration from rice business receipts, the books of account were not found defective, and the book results were not rejected. A partial acceptance of the deposits by the assessment order, without any rational basis or supporting analysis for treating the balance as unexplained, was unsustainable in law and on facts. The addition was deleted in favour of the assessee. Case-Laws Income Tax Mon, 16 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788641