https://www.taxtmi.com/caselaws?id=471354 Cash-deposit additions under the unexplained-money provisions require examination of the taxpayer's financial statements, bank statements, submissions and ledger extracts where these materials are furnished to explain deposits during demonetisation. Confirming an addition for insufficient documentation without considering available evidence does not permit a proper determination of the deposits' source. The addition was therefore set aside for fresh assessment, with an opportunity for the taxpayer to substantiate the source of the cash deposits. en-us Fri, 04 Apr 2025 00:00:00 +0530 Mon, 31 Aug 2026 18:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471354 Cash-deposit additions under the unexplained-money provisions require examination of the taxpayer's financial statements, bank statements, submissions and ledger extracts where these materials are furnished to explain deposits during demonetisation. Confirming an addition for insufficient documentation without considering available evidence does not permit a proper determination of the deposits' source. The addition was therefore set aside for fresh assessment, with an opportunity for the taxpayer to substantiate the source of the cash deposits. Case-Laws Income Tax Fri, 04 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471354