https://www.taxtmi.com/caselaws?id=789828 Cash deposits were held not to constitute unexplained money under section 69A where the assessee supported the source with material showing rental income from four flats, accumulated savings and a registered sale deed for agricultural land. In the absence of any contrary evidence from the Revenue to disprove the explanation or show that the deposits were unexplained, the addition could not be sustained. The tribunal therefore directed deletion of the addition and accepted the assessee's explanation as sufficient on the record. en-us Thu, 19 Mar 2026 00:00:00 +0530 Wed, 15 Apr 2026 09:05:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789828 Cash deposits were held not to constitute unexplained money under section 69A where the assessee supported the source with material showing rental income from four flats, accumulated savings and a registered sale deed for agricultural land. In the absence of any contrary evidence from the Revenue to disprove the explanation or show that the deposits were unexplained, the addition could not be sustained. The tribunal therefore directed deletion of the addition and accepted the assessee's explanation as sufficient on the record. Case-Laws Income Tax Thu, 19 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789828