Inter-bank transfers between an assessee's own accounts cannot...

Inter-bank transfers between an assessee's own accounts cannot be treated as unexplained money where the receiving-account credits are traceable to salary credited in the other account and tax was deducted at source. The unexplained-money addition was therefore deleted. Rental income remains eligible for the statutory standard deduction despite non-filing of a return, as no provision withdraws that deduction on this basis. The rental-income addition was sustained only to the extent remaining after allowing the standard deduction, and the appeal was partly allowed.