https://www.taxtmi.com/caselaws?id=791854 Cash receipts during the demonetisation period were held to be explained where the assessee produced books of account, cash book, bank statements, sales bills, debtor confirmations and reconciliation material showing accounted business transactions, and the revenue failed to rebut that evidence with concrete material. On that basis, the addition under section 68 for unexplained cash credit was deleted. A separate balance amount was treated as requiring factual verification with reference to bank records and the books, so that limited issue was remanded for examination. en-us Fri, 24 Apr 2026 00:00:00 +0530 Mon, 18 May 2026 12:50:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791854 Cash receipts during the demonetisation period were held to be explained where the assessee produced books of account, cash book, bank statements, sales bills, debtor confirmations and reconciliation material showing accounted business transactions, and the revenue failed to rebut that evidence with concrete material. On that basis, the addition under section 68 for unexplained cash credit was deleted. A separate balance amount was treated as requiring factual verification with reference to bank records and the books, so that limited issue was remanded for examination. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791854