https://www.taxtmi.com/caselaws?id=471382 Cash deposits during the demonetisation period were satisfactorily explained where they were covered by the recorded cash balance of a consistently disclosed money-lending business. The cash book reflected sufficient opening and available cash balances, and the deposit was recorded in the books of account. These contemporaneous accounting records supported the source of the deposit, resulting in deletion of the addition. en-us Wed, 22 Jan 2025 00:00:00 +0530 Tue, 01 Sep 2026 17:43:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471382 Cash deposits during the demonetisation period were satisfactorily explained where they were covered by the recorded cash balance of a consistently disclosed money-lending business. The cash book reflected sufficient opening and available cash balances, and the deposit was recorded in the books of account. These contemporaneous accounting records supported the source of the deposit, resulting in deletion of the addition. Case-Laws Income Tax Wed, 22 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471382