https://www.taxtmi.com/caselaws?id=471992 Cash deposits in a taxpayer's bank account must be satisfactorily explained through supporting particulars. A recent cash withdrawal followed by a proximate redeposit can make the redeposit explanation plausible, allowing relief for that deposit. Claims that initial deposits arose from past savings or inheritance require evidence; without supporting material, the taxpayer does not discharge the onus of proving the source. Deposits for which no substantiation is provided remain liable to addition as unexplained cash credits. en-us Tue, 15 Apr 2025 00:00:00 +0530 Fri, 25 Sep 2026 20:15:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471992 Cash deposits in a taxpayer's bank account must be satisfactorily explained through supporting particulars. A recent cash withdrawal followed by a proximate redeposit can make the redeposit explanation plausible, allowing relief for that deposit. Claims that initial deposits arose from past savings or inheritance require evidence; without supporting material, the taxpayer does not discharge the onus of proving the source. Deposits for which no substantiation is provided remain liable to addition as unexplained cash credits. Case-Laws Income Tax Tue, 15 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471992