https://www.taxtmi.com/caselaws?id=789017 Cash deposits in the assessee's bank account were held to be explained where contemporaneous documentary evidence and corroborated statements showed that the funds came from advance cash received on sale of ancestral agricultural land. The registered sale deed recorded receipt of cash, and the record also reflected withdrawals and an available cash balance sufficient to cover the deposits. On that factual basis, the proposed addition as income from undisclosed sources could not be sustained, and the addition was deleted in favour of the assessee. en-us Tue, 17 Feb 2026 00:00:00 +0530 Thu, 02 Apr 2026 08:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789017 Cash deposits in the assessee's bank account were held to be explained where contemporaneous documentary evidence and corroborated statements showed that the funds came from advance cash received on sale of ancestral agricultural land. The registered sale deed recorded receipt of cash, and the record also reflected withdrawals and an available cash balance sufficient to cover the deposits. On that factual basis, the proposed addition as income from undisclosed sources could not be sustained, and the addition was deleted in favour of the assessee. Case-Laws Income Tax Tue, 17 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789017