https://www.taxtmi.com/caselaws?id=792560 Cash deposited during the demonetisation period was held to be explained where the assessee showed that the funds came from RTGS compensation for compulsory acquisition of agricultural land. Immediate cash withdrawals from the same bank account after receipt of compensation, coupled with no evidence from the Revenue that the cash was spent, invested, or otherwise diverted, established a direct nexus between withdrawal and later redeposit. On that factual basis, the deposit was not treated as unexplained money under section 69A of the Income-tax Act, 1961, and the addition was deleted. en-us Fri, 24 Apr 2026 00:00:00 +0530 Sat, 30 May 2026 08:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792560 Cash deposited during the demonetisation period was held to be explained where the assessee showed that the funds came from RTGS compensation for compulsory acquisition of agricultural land. Immediate cash withdrawals from the same bank account after receipt of compensation, coupled with no evidence from the Revenue that the cash was spent, invested, or otherwise diverted, established a direct nexus between withdrawal and later redeposit. On that factual basis, the deposit was not treated as unexplained money under section 69A of the Income-tax Act, 1961, and the addition was deleted. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792560