https://www.taxtmi.com/caselaws?id=795816 Cash gifts received on marriage and retained for household or medical contingencies may constitute a satisfactory explanation for demonetisation-period cash deposits where surrounding circumstances support the explanation. The notes state that retention of cash for the medical needs of a specially-abled step-son and an ailing mother-in-law could not be rejected on conjecture. In the absence of material linking the cash to an undisclosed source, unaccounted business activity, or other incriminating circumstances, incomplete documentation and the time between marriage and demonetisation were insufficient to classify the deposits as unexplained money. The addition under Section 69A and consequential taxation under Section 115BBE were deleted. en-us Tue, 07 Jul 2026 00:00:00 +0530 Tue, 28 Jul 2026 08:30:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795816 Cash gifts received on marriage and retained for household or medical contingencies may constitute a satisfactory explanation for demonetisation-period cash deposits where surrounding circumstances support the explanation. The notes state that retention of cash for the medical needs of a specially-abled step-son and an ailing mother-in-law could not be rejected on conjecture. In the absence of material linking the cash to an undisclosed source, unaccounted business activity, or other incriminating circumstances, incomplete documentation and the time between marriage and demonetisation were insufficient to classify the deposits as unexplained money. The addition under Section 69A and consequential taxation under Section 115BBE were deleted. Case-Laws Income Tax Tue, 07 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795816