https://www.taxtmi.com/caselaws?id=797936 Unexplained cash deposits may be assessed as unexplained money under section 69A where the taxpayer fails to produce books of account or other satisfactory evidence proving their lawful source; bank statements and unsubstantiated claims of past savings or interest do not establish source. Exemption under section 10(26) applies only to income arising from a bona fide, valid source in the specified areas or States. Scheduled Tribe status and residence in Arunachal Pradesh do not exempt unexplained funds, because proof of the income source is a condition precedent to the exemption. en-us Fri, 17 Jul 2026 00:00:00 +0530 Mon, 31 Aug 2026 08:28:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797936 Unexplained cash deposits may be assessed as unexplained money under section 69A where the taxpayer fails to produce books of account or other satisfactory evidence proving their lawful source; bank statements and unsubstantiated claims of past savings or interest do not establish source. Exemption under section 10(26) applies only to income arising from a bona fide, valid source in the specified areas or States. Scheduled Tribe status and residence in Arunachal Pradesh do not exempt unexplained funds, because proof of the income source is a condition precedent to the exemption. Case-Laws Income Tax Fri, 17 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797936