https://www.taxtmi.com/caselaws?id=799426 Cash deposits claimed as agricultural sale proceeds require satisfactory substantiation of their source. Accepted land records and crop reports establish agricultural activity, while deposits made in tranches matching harvesting seasons and withdrawals for agricultural purposes corroborate the explanation. For a small agriculturist, the absence of crop-sale bills alone does not justify treating deposits as unexplained where no alternative source is identified. On these facts, the deposits were treated as fully explained agricultural proceeds and the unexplained-money addition was deleted. en-us Wed, 29 Jul 2026 00:00:00 +0530 Tue, 22 Sep 2026 08:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799426 Cash deposits claimed as agricultural sale proceeds require satisfactory substantiation of their source. Accepted land records and crop reports establish agricultural activity, while deposits made in tranches matching harvesting seasons and withdrawals for agricultural purposes corroborate the explanation. For a small agriculturist, the absence of crop-sale bills alone does not justify treating deposits as unexplained where no alternative source is identified. On these facts, the deposits were treated as fully explained agricultural proceeds and the unexplained-money addition was deleted. Case-Laws Income Tax Wed, 29 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799426