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Taxpayer's Unexplained Cash Deposits Justified on Factual Grounds Despite Initial Dismissal of Savings Claim.
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....Unexplained cash deposits in bank account - the argument that there were past savings which were pooled in and collected and deposited keeping the purpose for which the assessee was working to achieve the claim has been discarded without any basis except the reasoning that ít is very/highly improbable that such a huge amount can would be lying with him idle. - Keeping in view the purpose for which the assessee was working hard, the claim was justified on facts. - AT....