https://www.taxtmi.com/caselaws?id=792268 Regular cash deposits from members during demonetisation cannot be treated as unexplained where audited books, member-wise records, KYC particulars and bank evidence establish an established receipt pattern and remain unrebutted. The unexplained-cash-deposit addition was therefore deleted. For assessment year 2017-18, deduction under section 80P remained available to a co-operative society meeting the substantive eligibility conditions despite non-filing of a return under section 139(1), because the amended return-filing condition under section 80AC applied differently from assessment year 2018-19 and section 80A(5) did not bar the claim. The deduction was allowed. en-us Thu, 30 Apr 2026 00:00:00 +0530 Tue, 26 May 2026 08:24:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792268 Regular cash deposits from members during demonetisation cannot be treated as unexplained where audited books, member-wise records, KYC particulars and bank evidence establish an established receipt pattern and remain unrebutted. The unexplained-cash-deposit addition was therefore deleted. For assessment year 2017-18, deduction under section 80P remained available to a co-operative society meeting the substantive eligibility conditions despite non-filing of a return under section 139(1), because the amended return-filing condition under section 80AC applied differently from assessment year 2018-19 and section 80A(5) did not bar the claim. The deduction was allowed. Case-Laws Income Tax Thu, 30 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792268