https://www.taxtmi.com/caselaws?id=801393 Section 69A cash-deposit explanations require a demonstrable link between cash sales, cash-in-hand and individual bank deposits. Matching aggregate turnover reported in returns and VAT records, particularly where multiple accounts are used, does not alone establish that nexus; cash books, sales records, stock records or a reconciliation may be needed for factual verification. A Rule 46A objection does not arise without a demonstrated breach, but absence of that breach does not remove the need to verify the stated source. Section 148A(b) requires at least seven days to respond; despite a shorter stated deadline, twelve days before the Section 148A(d) order provided a real opportunity where no response attempt or impediment was shown. en-us Tue, 06 Oct 2026 00:00:00 +0530 Wed, 21 Oct 2026 08:37:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801393 Section 69A cash-deposit explanations require a demonstrable link between cash sales, cash-in-hand and individual bank deposits. Matching aggregate turnover reported in returns and VAT records, particularly where multiple accounts are used, does not alone establish that nexus; cash books, sales records, stock records or a reconciliation may be needed for factual verification. A Rule 46A objection does not arise without a demonstrated breach, but absence of that breach does not remove the need to verify the stated source. Section 148A(b) requires at least seven days to respond; despite a shorter stated deadline, twelve days before the Section 148A(d) order provided a real opportunity where no response attempt or impediment was shown. Case-Laws Income Tax Tue, 06 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801393