https://www.taxtmi.com/caselaws?id=789837 Bank credits and cash deposits could not be treated as unexplained income where the assessee substantiated the sources through agricultural sale proceeds, bank interest, a transfer from the KCC account, loan repayment, a nominal transfer from the son's account, and cash deposits from past withdrawals and savings. Supporting landholding records and sale bills corroborated the agricultural receipts, and no contrary material showed undisclosed business or other income. On these facts, suspicion alone was insufficient to sustain the addition, which was therefore deleted. en-us Mon, 23 Mar 2026 00:00:00 +0530 Wed, 15 Apr 2026 09:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789837 Bank credits and cash deposits could not be treated as unexplained income where the assessee substantiated the sources through agricultural sale proceeds, bank interest, a transfer from the KCC account, loan repayment, a nominal transfer from the son's account, and cash deposits from past withdrawals and savings. Supporting landholding records and sale bills corroborated the agricultural receipts, and no contrary material showed undisclosed business or other income. On these facts, suspicion alone was insufficient to sustain the addition, which was therefore deleted. Case-Laws Income Tax Mon, 23 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789837