https://www.taxtmi.com/caselaws?id=792252 Cash deposits made during the demonetisation period were held not to be unexplained under section 69A because the assessee substantiated the source with contemporaneous partnership-firm withdrawals, disclosed agricultural income, savings of wife and mother, and redeposits of cash withdrawn from bank accounts. The record also showed earlier cash withdrawals and past savings consistent with the deposits. The absence of proof of the proposed land purchase did not, by itself, negate the documented source of funds. On that material, the deposits were treated as explained and the addition was deleted. en-us Tue, 21 Apr 2026 00:00:00 +0530 Tue, 26 May 2026 08:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792252 Cash deposits made during the demonetisation period were held not to be unexplained under section 69A because the assessee substantiated the source with contemporaneous partnership-firm withdrawals, disclosed agricultural income, savings of wife and mother, and redeposits of cash withdrawn from bank accounts. The record also showed earlier cash withdrawals and past savings consistent with the deposits. The absence of proof of the proposed land purchase did not, by itself, negate the documented source of funds. On that material, the deposits were treated as explained and the addition was deleted. Case-Laws Income Tax Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792252