https://www.taxtmi.com/caselaws?id=789831 Cash deposits were treated as unexplained money under section 69A where the assessee failed to appear before ITAT and produced no documentary evidence to support the claimed sources. The explanations that the deposits were business receipts, savings, or help from friends and relatives were rejected because they were unsubstantiated, and the Assessing Officer and first appellate authority had already recorded concurrent factual findings against the assessee. In the absence of corroboration, there was no basis to disturb those findings, and the addition under section 69A was upheld. en-us Fri, 20 Mar 2026 00:00:00 +0530 Wed, 15 Apr 2026 09:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789831 Cash deposits were treated as unexplained money under section 69A where the assessee failed to appear before ITAT and produced no documentary evidence to support the claimed sources. The explanations that the deposits were business receipts, savings, or help from friends and relatives were rejected because they were unsubstantiated, and the Assessing Officer and first appellate authority had already recorded concurrent factual findings against the assessee. In the absence of corroboration, there was no basis to disturb those findings, and the addition under section 69A was upheld. Case-Laws Income Tax Fri, 20 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789831