https://www.taxtmi.com/caselaws?id=469412 Cash deposits of demonetised currency were examined under section 69, with the assessee's cash book showing opening cash availability of Rs. 65,35,514.52 as on 01.11.2016 and no bank deposits apart from the two impugned deposits on 15.11.2016 and 21.11.2016. The cash book and cash flow statement were required to be verified by the Assessing Officer, including whether they had been produced in the original assessment and whether the documents now filed were the same as those earlier available. The addition was not finally sustained at this stage and was to be reconsidered on verification; if the cash balance as on 01.11.2016 exceeded Rs. 18 lakh, the addition was to be deleted. en-us Thu, 06 Mar 2025 00:00:00 +0530 Tue, 16 Jun 2026 21:37:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469412 Cash deposits of demonetised currency were examined under section 69, with the assessee's cash book showing opening cash availability of Rs. 65,35,514.52 as on 01.11.2016 and no bank deposits apart from the two impugned deposits on 15.11.2016 and 21.11.2016. The cash book and cash flow statement were required to be verified by the Assessing Officer, including whether they had been produced in the original assessment and whether the documents now filed were the same as those earlier available. The addition was not finally sustained at this stage and was to be reconsidered on verification; if the cash balance as on 01.11.2016 exceeded Rs. 18 lakh, the addition was to be deleted. Case-Laws Income Tax Thu, 06 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469412