https://www.taxtmi.com/caselaws?id=788804 Cash deposit of Rs. 25,00,000 during demonetisation was only partly treated as unexplained under section 69 because the assessee's overall cash flow and business receipts were not fully accepted as a complete explanation for the specific HDFC Bank deposit; the addition was restricted to 50% and the balance deleted. The sustained amount was then held not chargeable under the enhanced tax rate of section 115BBE for Assessment Year 2017-18, and was directed to be taxed at the normal rate instead. The assessee therefore obtained partial relief, with the addition cut down and the special rate inapplicable. en-us Thu, 26 Mar 2026 00:00:00 +0530 Sat, 28 Mar 2026 08:57:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788804 Cash deposit of Rs. 25,00,000 during demonetisation was only partly treated as unexplained under section 69 because the assessee's overall cash flow and business receipts were not fully accepted as a complete explanation for the specific HDFC Bank deposit; the addition was restricted to 50% and the balance deleted. The sustained amount was then held not chargeable under the enhanced tax rate of section 115BBE for Assessment Year 2017-18, and was directed to be taxed at the normal rate instead. The assessee therefore obtained partial relief, with the addition cut down and the special rate inapplicable. Case-Laws Income Tax Thu, 26 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788804