https://www.taxtmi.com/caselaws?id=468914 Cash deposits made during the demonetisation period were explained as arising from rental receipts and repayment of a loan. The record contained no material to discredit that explanation, and the lower authorities accepted it only partly without rebutting it with contrary evidence. On that basis, the balance addition treating the remaining deposits as unexplained was not justified and was directed to be deleted. en-us Mon, 10 Feb 2025 00:00:00 +0530 Mon, 25 May 2026 20:05:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468914 Cash deposits made during the demonetisation period were explained as arising from rental receipts and repayment of a loan. The record contained no material to discredit that explanation, and the lower authorities accepted it only partly without rebutting it with contrary evidence. On that basis, the balance addition treating the remaining deposits as unexplained was not justified and was directed to be deleted. Case-Laws Income Tax Mon, 10 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468914