https://www.taxtmi.com/caselaws?id=790328 Cash deposits made during demonetisation were partly held to be business turnover already returned under the presumptive scheme, so that component could not be taxed again as unexplained money under section 69A. The remaining cash, for which withdrawal-and-redeposit evidence was not fully satisfactory, was sustained only to that limited extent. The tribunal also held that the restricted addition did not warrant special rate taxation under section 115BBE because it was linked to business activity and not to unexplained income in full. The assessee therefore obtained partial relief, with the balance taxable at the normal rate. en-us Tue, 21 Apr 2026 00:00:00 +0530 Thu, 23 Apr 2026 09:45:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790328 Cash deposits made during demonetisation were partly held to be business turnover already returned under the presumptive scheme, so that component could not be taxed again as unexplained money under section 69A. The remaining cash, for which withdrawal-and-redeposit evidence was not fully satisfactory, was sustained only to that limited extent. The tribunal also held that the restricted addition did not warrant special rate taxation under section 115BBE because it was linked to business activity and not to unexplained income in full. The assessee therefore obtained partial relief, with the balance taxable at the normal rate. Case-Laws Income Tax Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790328