https://www.taxtmi.com/caselaws?id=789345 Cash deposits made during the demonetisation period were examined under section 69A of the Income-tax Act, 1961. The assessee's explanation that the deposits came from a family corpus created by the late mother, supported by an affidavit and surrounding circumstances, was accepted as credible, including the linkage to wedding expenses and the asserted source of funds. As the Revenue did not effectively rebut this specific factual defence, the deposits were not established as unexplained. The addition under section 69A was therefore deleted. en-us Wed, 01 Apr 2026 00:00:00 +0530 Tue, 07 Apr 2026 07:48:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789345 Cash deposits made during the demonetisation period were examined under section 69A of the Income-tax Act, 1961. The assessee's explanation that the deposits came from a family corpus created by the late mother, supported by an affidavit and surrounding circumstances, was accepted as credible, including the linkage to wedding expenses and the asserted source of funds. As the Revenue did not effectively rebut this specific factual defence, the deposits were not established as unexplained. The addition under section 69A was therefore deleted. Case-Laws Income Tax Wed, 01 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789345