Cash deposits claimed to arise from cash sales require...

Cash deposits claimed to arise from cash sales require documentary verification linking the sales to the specific deposits. Matching aggregate turnover with VAT returns and establishing a cash-sales business do not alone prove that nexus; cash books, sales and stock registers, and date-wise or period-wise reconciliation must establish cash availability and rule out circulation through multiple accounts. Verification of the claimed source was remitted to the Assessing Officer with reasonable opportunity. A reassessment notice allowing less than seven days in its stated response date remained valid where the order followed only after twelve days and no inability or attempt to respond was shown; the cross-objection failed.