https://www.taxtmi.com/caselaws?id=469365 Cash deposits credited to bank accounts in the assessee's name were treated as unexplained money under section 69A because the assessee failed to support the claim that the funds belonged to a third person with satisfactory evidence. The Tribunal held that, without a credible and consistent explanation of the nature and source of the deposits, the statutory onus under section 69A remained undischarged. The addition was therefore upheld and the assessee's appeal was dismissed. 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=469365 Cash deposits credited to bank accounts in the assessee's name were treated as unexplained money under section 69A because the assessee failed to support the claim that the funds belonged to a third person with satisfactory evidence. The Tribunal held that, without a credible and consistent explanation of the nature and source of the deposits, the statutory onus under section 69A remained undischarged. The addition was therefore upheld and the assessee's appeal was dismissed. Case-Laws Income Tax Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469365