https://www.taxtmi.com/caselaws?id=469367 Cash deposits were held not taxable under section 69A where the assessee explained that the deposits came from an earlier cash withdrawal and that the wrong PAN had been given to the bank because of similar names. The appellate authority had not effectively verified the explanation or the supporting bank statements, and its order was found to be cryptic and lacking proper inquiry and reasons as required under sections 250(4) and 250(6). On that footing, the addition was deleted. en-us Wed, 05 Mar 2025 00:00:00 +0530 Mon, 15 Jun 2026 23:25:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469367 Cash deposits were held not taxable under section 69A where the assessee explained that the deposits came from an earlier cash withdrawal and that the wrong PAN had been given to the bank because of similar names. The appellate authority had not effectively verified the explanation or the supporting bank statements, and its order was found to be cryptic and lacking proper inquiry and reasons as required under sections 250(4) and 250(6). On that footing, the addition was deleted. Case-Laws Income Tax Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469367