https://www.taxtmi.com/caselaws?id=469233 Unexplained cash deposits may be added under section 68 where the assessee neither explains their source nor produces supporting evidence. Persistent non-participation in assessment and remand verification, despite notices under sections 147, 148 and 142(1), leaves claims that deposits belonged to family members unsubstantiated. Without documentary proof establishing the source or ownership of the funds, the deposits remain unexplained and the addition is justified. en-us Mon, 03 Mar 2025 00:00:00 +0530 Wed, 10 Jun 2026 20:06:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469233 Unexplained cash deposits may be added under section 68 where the assessee neither explains their source nor produces supporting evidence. Persistent non-participation in assessment and remand verification, despite notices under sections 147, 148 and 142(1), leaves claims that deposits belonged to family members unsubstantiated. Without documentary proof establishing the source or ownership of the funds, the deposits remain unexplained and the addition is justified. Case-Laws Income Tax Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469233