https://www.taxtmi.com/caselaws?id=469966 Cash-deposit additions require reliable, transaction-specific evidence of source. A deposit separately explained from an earlier-year credit should not be treated as the same receipt where remand material establishes its distinct nature. Claimed advances under an agreement to sell require credible supporting circumstances, including reliable documentation and evidence from the payer; unsupported portions remain unexplained, while independently corroborated receipts may be accepted. Set-off of prior cash withdrawals against deposits requires a credible cash trail linking the withdrawn funds to their redeposit. Accordingly, only proved credits warrant relief, and unsubstantiated claimed receipts or withdrawal-based explanations leave the related deposit taxable as unexplained income. en-us Wed, 12 Mar 2025 00:00:00 +0530 Fri, 10 Jul 2026 22:36:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469966 Cash-deposit additions require reliable, transaction-specific evidence of source. A deposit separately explained from an earlier-year credit should not be treated as the same receipt where remand material establishes its distinct nature. Claimed advances under an agreement to sell require credible supporting circumstances, including reliable documentation and evidence from the payer; unsupported portions remain unexplained, while independently corroborated receipts may be accepted. Set-off of prior cash withdrawals against deposits requires a credible cash trail linking the withdrawn funds to their redeposit. Accordingly, only proved credits warrant relief, and unsubstantiated claimed receipts or withdrawal-based explanations leave the related deposit taxable as unexplained income. Case-Laws Income Tax Wed, 12 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469966