https://www.taxtmi.com/caselaws?id=790334 Fixed deposits recorded in the books and supported by bank statements and ledger accounts could not be added as unexplained money under section 69A merely because of earlier non-compliance, since primary documentary evidence shifted the burden to the Revenue to rebut the explanation with cogent material. The addition was therefore deleted. Interest income, however, was not fully reconciled on the existing record, as the books and Form 26AS showed only a partial verification of the amount. That issue required fresh factual examination by the Assessing Officer and was remanded for verification. en-us Tue, 21 Apr 2026 00:00:00 +0530 Thu, 23 Apr 2026 09:45:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790334 Fixed deposits recorded in the books and supported by bank statements and ledger accounts could not be added as unexplained money under section 69A merely because of earlier non-compliance, since primary documentary evidence shifted the burden to the Revenue to rebut the explanation with cogent material. The addition was therefore deleted. Interest income, however, was not fully reconciled on the existing record, as the books and Form 26AS showed only a partial verification of the amount. That issue required fresh factual examination by the Assessing Officer and was remanded for verification. Case-Laws Income Tax Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790334