https://www.taxtmi.com/caselaws?id=798905 Section 69A applies only where money is unrecorded in the books and its nature and source lack a satisfactory explanation. Cash deposits linked to cash-book entries, documented paddy sales, financial statements and business financing require evidence that the recorded transactions are fictitious before they can be treated as unexplained money. Unrejected books and an undisproved stock, purchase and sales trail prevent recharacterisation of recorded business receipts, avoiding taxation of the same receipt under two characterisations. en-us Thu, 10 Sep 2026 00:00:00 +0530 Mon, 14 Sep 2026 08:32:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798905 Section 69A applies only where money is unrecorded in the books and its nature and source lack a satisfactory explanation. Cash deposits linked to cash-book entries, documented paddy sales, financial statements and business financing require evidence that the recorded transactions are fictitious before they can be treated as unexplained money. Unrejected books and an undisproved stock, purchase and sales trail prevent recharacterisation of recorded business receipts, avoiding taxation of the same receipt under two characterisations. Case-Laws Income Tax Thu, 10 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798905