https://www.taxtmi.com/caselaws?id=793777 Cash deposits made during the demonetisation period were treated as explainable from disclosed sources where the assessee showed that the funds had been accumulated with aged parents from remittances and withdrawals received from abroad over time, and the Revenue failed to establish any other source of income for the assessee or the parents. On the totality of circumstances, the ITAT Delhi extended the benefit of presumption to the assessee and held that the impugned amount was supported by disclosed sources. The addition was directed to be deleted. en-us Wed, 08 Apr 2026 00:00:00 +0530 Wed, 24 Jun 2026 07:08:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793777 Cash deposits made during the demonetisation period were treated as explainable from disclosed sources where the assessee showed that the funds had been accumulated with aged parents from remittances and withdrawals received from abroad over time, and the Revenue failed to establish any other source of income for the assessee or the parents. On the totality of circumstances, the ITAT Delhi extended the benefit of presumption to the assessee and held that the impugned amount was supported by disclosed sources. The addition was directed to be deleted. Case-Laws Income Tax Wed, 08 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793777