https://www.taxtmi.com/caselaws?id=794730 Cash deposited during the demonetisation period was accepted as collections from debtors in the ordinary course of business, because the assessee supported the explanation with party details, cash book, bank records, sales figures, VAT returns and stock details. The record showed regular credit sales and contemporaneous evidence of receipts, and the Assessing Officer's comparison with the highest monthly cash receipt was not justified on these facts. The addition as unexplained cash credit under section 68 therefore did not survive and was deleted. en-us Tue, 07 Jul 2026 00:00:00 +0530 Fri, 10 Jul 2026 07:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794730 Cash deposited during the demonetisation period was accepted as collections from debtors in the ordinary course of business, because the assessee supported the explanation with party details, cash book, bank records, sales figures, VAT returns and stock details. The record showed regular credit sales and contemporaneous evidence of receipts, and the Assessing Officer's comparison with the highest monthly cash receipt was not justified on these facts. The addition as unexplained cash credit under section 68 therefore did not survive and was deleted. Case-Laws Income Tax Tue, 07 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794730