Unexplained Cash Deposits Under Income Tax Act: Past Savings Claim Insufficient Without Evidence, Section 68 and 69 Apply.

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....Unexplained cash Deposits u/s 68 - Past saving / life long savings - the reasons for failure of the assessee to explain the source of deposit in the bank account as not having sufficient disclosed source of income cannot be a ground for immunity from attracting the provisions of Section 69 - AT....