https://www.taxtmi.com/caselaws?id=472019 Cash deposits used for share-trading transactions cannot be added as unexplained money under section 69A merely because supporting affidavits share identical wording, were executed on the same date, or were obtained after the transactions. Sworn confirmations from friends and relatives satisfactorily explained the source where no substantive infirmity undermined their genuineness. The limited cash component of the overall transactions further supported the explanation, requiring deletion of the addition. en-us Tue, 25 Mar 2025 00:00:00 +0530 Sun, 27 Sep 2026 15:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472019 Cash deposits used for share-trading transactions cannot be added as unexplained money under section 69A merely because supporting affidavits share identical wording, were executed on the same date, or were obtained after the transactions. Sworn confirmations from friends and relatives satisfactorily explained the source where no substantive infirmity undermined their genuineness. The limited cash component of the overall transactions further supported the explanation, requiring deletion of the addition. Case-Laws Income Tax Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472019