https://www.taxtmi.com/caselaws?id=792125 Cash deposited after prior withdrawals from the same bank account was not treated as unexplained money, because the withdrawals of earlier cash sufficiently explained the redeposit and no material showed diversion of those funds elsewhere. Amounts received from LIC for office maintenance and transaction fee were treated as reimbursement of expenses, not taxable income, because the record showed they related to actual expenses incurred in the course of official duties. The appellate additions were therefore deleted and relief was granted to the assessee on both issues. en-us Wed, 22 Apr 2026 00:00:00 +0530 Sat, 23 May 2026 08:27:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792125 Cash deposited after prior withdrawals from the same bank account was not treated as unexplained money, because the withdrawals of earlier cash sufficiently explained the redeposit and no material showed diversion of those funds elsewhere. Amounts received from LIC for office maintenance and transaction fee were treated as reimbursement of expenses, not taxable income, because the record showed they related to actual expenses incurred in the course of official duties. The appellate additions were therefore deleted and relief was granted to the assessee on both issues. Case-Laws Income Tax Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792125