https://www.taxtmi.com/caselaws?id=791625 Cash deposit in the assessee's bank account was examined as potential unexplained investment under section 69 of the Income-tax Act. The assessee explained that the funds arose from liquor business receipts and were reflected in audited books, while the lower authorities rejected the claim for lack of full supporting records. On the material available, the Tribunal accepted that the audited accounts and auditor verification supported the source explanation to some extent, though complete corroborative documentation was not produced. It therefore did not sustain the addition in full and granted partial relief by accepting 50% of the disputed cash deposit as explained. en-us Tue, 07 Apr 2026 00:00:00 +0530 Thu, 14 May 2026 09:01:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791625 Cash deposit in the assessee's bank account was examined as potential unexplained investment under section 69 of the Income-tax Act. The assessee explained that the funds arose from liquor business receipts and were reflected in audited books, while the lower authorities rejected the claim for lack of full supporting records. On the material available, the Tribunal accepted that the audited accounts and auditor verification supported the source explanation to some extent, though complete corroborative documentation was not produced. It therefore did not sustain the addition in full and granted partial relief by accepting 50% of the disputed cash deposit as explained. Case-Laws Income Tax Tue, 07 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791625