https://www.taxtmi.com/caselaws?id=469040 Cash deposits made during the demonetisation period were held to be explained where the assessee produced the agency agreement, RBI circulars and contemporaneous customer records showing receipt of cash in the ordinary course of money transfer business, next-day bank deposit and transfer to the Vodafone M-Pesa account. On that factual record, the source and nature of the deposits were accepted and the proposed addition as unexplained money under section 69A was deleted. en-us Mon, 15 Sep 2025 00:00:00 +0530 Sat, 30 May 2026 14:01:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469040 Cash deposits made during the demonetisation period were held to be explained where the assessee produced the agency agreement, RBI circulars and contemporaneous customer records showing receipt of cash in the ordinary course of money transfer business, next-day bank deposit and transfer to the Vodafone M-Pesa account. On that factual record, the source and nature of the deposits were accepted and the proposed addition as unexplained money under section 69A was deleted. Case-Laws Income Tax Mon, 15 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469040