https://www.taxtmi.com/caselaws?id=789201 Cash deposits partly explained by cash sales and cash withdrawals may be assessed on an estimated basis where strict one-to-one correlation cannot be established. In this ITAT Delhi matter, the unexplained portion under section 69A was not treated in full as unexplained money because the explanation was partly accepted but no complete reconciliation was possible. The Tribunal found a further reduction in the estimated addition justified on the facts and in the interest of substantial justice, and restricted the addition to 5% of the balance cash deposits, thereby reducing the confirmed addition in favour of the assessee. en-us Thu, 02 Apr 2026 00:00:00 +0530 Sat, 04 Apr 2026 08:53:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789201 Cash deposits partly explained by cash sales and cash withdrawals may be assessed on an estimated basis where strict one-to-one correlation cannot be established. In this ITAT Delhi matter, the unexplained portion under section 69A was not treated in full as unexplained money because the explanation was partly accepted but no complete reconciliation was possible. The Tribunal found a further reduction in the estimated addition justified on the facts and in the interest of substantial justice, and restricted the addition to 5% of the balance cash deposits, thereby reducing the confirmed addition in favour of the assessee. Case-Laws Income Tax Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789201