https://www.taxtmi.com/caselaws?id=469842 Cash deposits during demonetisation were held not taxable as unexplained money where the assessee maintained audited books, recorded the receipts from cash sales and business operations, and supported the deposits with bank statements, audited financials, challans and turnover details. As the books were not rejected and no defects were found in the recorded sales, the same cash could not be taxed again under section 69A. The addition was deleted. The separate ground on employees' PF and ESI contribution was not pressed and was dismissed on that basis. en-us Tue, 11 Mar 2025 00:00:00 +0530 Mon, 06 Jul 2026 20:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469842 Cash deposits during demonetisation were held not taxable as unexplained money where the assessee maintained audited books, recorded the receipts from cash sales and business operations, and supported the deposits with bank statements, audited financials, challans and turnover details. As the books were not rejected and no defects were found in the recorded sales, the same cash could not be taxed again under section 69A. The addition was deleted. The separate ground on employees' PF and ESI contribution was not pressed and was dismissed on that basis. Case-Laws Income Tax Tue, 11 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469842