https://www.taxtmi.com/caselaws?id=472117 Recorded bullion-sale cash deposits during demonetisation were explained where regular cash books, sales registers, stock records, audited accounts, purchase records and VAT returns substantiated the sales, and neither stock movement nor sales disclosures were disputed. Section 69A did not apply because sale proceeds already recorded, credited and offered to tax could not be reassessed as unexplained money without double taxation. Unsupported suspicion concerning the timing or volume of sales could not override the documentary trail establishing the source of deposits. The unexplained-money addition was deleted. en-us Thu, 17 Apr 2025 00:00:00 +0530 Wed, 30 Sep 2026 08:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472117 Recorded bullion-sale cash deposits during demonetisation were explained where regular cash books, sales registers, stock records, audited accounts, purchase records and VAT returns substantiated the sales, and neither stock movement nor sales disclosures were disputed. Section 69A did not apply because sale proceeds already recorded, credited and offered to tax could not be reassessed as unexplained money without double taxation. Unsupported suspicion concerning the timing or volume of sales could not override the documentary trail establishing the source of deposits. The unexplained-money addition was deleted. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472117