https://www.taxtmi.com/caselaws?id=471098 Cash deposits made during demonetisation were explained by customer advances recorded in the books and cash recoveries from existing debtors relating to previously reported sales. Accepted customer advances constituted an available cash source, while debtor recoveries represented realisation of disclosed sales. Sufficient cash balances recorded in the cash book supported the deposits. On these facts, the deposits were not treated as unexplained money, and the additions were deleted. en-us Wed, 02 Apr 2025 00:00:00 +0530 Thu, 20 Aug 2026 19:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471098 Cash deposits made during demonetisation were explained by customer advances recorded in the books and cash recoveries from existing debtors relating to previously reported sales. Accepted customer advances constituted an available cash source, while debtor recoveries represented realisation of disclosed sales. Sufficient cash balances recorded in the cash book supported the deposits. On these facts, the deposits were not treated as unexplained money, and the additions were deleted. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471098