https://www.taxtmi.com/caselaws?id=801952 Cash deposits during demonetisation are satisfactorily explained where an accepted opening cash balance and cash brokerage earned before demonetisation, already included in returned income, provide sufficient cash availability. A comparison limited to the deposit and opening balance is inadequate if it ignores current-year cash receipts. Where the revenue authorities neither disprove the brokerage receipts as undisclosed income nor reject the books of account or identify inconsistencies in the cash-flow explanation, an addition based on mathematical difference, conjecture or surmise cannot stand. The addition under Section 115BBE was consequently deleted. en-us Thu, 24 Sep 2026 00:00:00 +0530 Thu, 29 Oct 2026 06:33:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801952 Cash deposits during demonetisation are satisfactorily explained where an accepted opening cash balance and cash brokerage earned before demonetisation, already included in returned income, provide sufficient cash availability. A comparison limited to the deposit and opening balance is inadequate if it ignores current-year cash receipts. Where the revenue authorities neither disprove the brokerage receipts as undisclosed income nor reject the books of account or identify inconsistencies in the cash-flow explanation, an addition based on mathematical difference, conjecture or surmise cannot stand. The addition under Section 115BBE was consequently deleted. Case-Laws Income Tax Thu, 24 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801952