https://www.taxtmi.com/caselaws?id=790630 Cash deposits in the assessee's bank account could not be treated as wholly unexplained where earlier cash withdrawals had been accepted and were found to have a substantial nexus with the deposits. The tribunal also recognised declared business income from dairy activity under section 44AD as an additional source for part of the cash. On that factual basis, the full addition was unsustainable and credit had to be given for both withdrawals and declared income. The addition was therefore confined only to the balance remaining after such adjustment. en-us Fri, 24 Apr 2026 00:00:00 +0530 Tue, 28 Apr 2026 07:29:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790630 Cash deposits in the assessee's bank account could not be treated as wholly unexplained where earlier cash withdrawals had been accepted and were found to have a substantial nexus with the deposits. The tribunal also recognised declared business income from dairy activity under section 44AD as an additional source for part of the cash. On that factual basis, the full addition was unsustainable and credit had to be given for both withdrawals and declared income. The addition was therefore confined only to the balance remaining after such adjustment. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790630