https://www.taxtmi.com/caselaws?id=789391 Cash deposits and bank credits supported by agricultural land records, sale invoices, produce invoices and prior agricultural income evidence could not be sustained as unexplained money under Section 69A of the Income-tax Act, 1961, because the documentary material established a plausible agricultural source and the lower authorities had not properly appreciated the cash flow evidence. The addition was therefore deleted. As the penalty under Section 271AAC(1) depended entirely on the sustained addition, it also failed once the quantum addition was set aside, and the penalty was deleted. en-us Fri, 27 Feb 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789391 Cash deposits and bank credits supported by agricultural land records, sale invoices, produce invoices and prior agricultural income evidence could not be sustained as unexplained money under Section 69A of the Income-tax Act, 1961, because the documentary material established a plausible agricultural source and the lower authorities had not properly appreciated the cash flow evidence. The addition was therefore deleted. As the penalty under Section 271AAC(1) depended entirely on the sustained addition, it also failed once the quantum addition was set aside, and the penalty was deleted. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789391