https://www.taxtmi.com/caselaws?id=472577 Cash deposits in a bank account disclosed in the return were not treated as unexplained where the recorded pattern of repeated receipts and payments involving multiple persons supported the taxpayer's explanation that the account was used for money-lending. In the absence of contrary material or a finding displacing that explanation, the cash-deposit addition was unsustainable and stood deleted. en-us Tue, 22 Apr 2025 00:00:00 +0530 Fri, 16 Oct 2026 13:24:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472577 Cash deposits in a bank account disclosed in the return were not treated as unexplained where the recorded pattern of repeated receipts and payments involving multiple persons supported the taxpayer's explanation that the account was used for money-lending. In the absence of contrary material or a finding displacing that explanation, the cash-deposit addition was unsustainable and stood deleted. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472577