https://www.taxtmi.com/caselaws?id=187119 Unexplained cash credits may be treated as income from undisclosed sources when the assessee fails to prove a credible independent source and surrounding circumstances cast doubt on the explanation. The assessee bears the primary burden of producing material evidence to establish genuineness, and the tax authority is not required to pursue every suggested inquiry where that burden is not discharged. An earlier rejection of a similar explanation in the assessee's own case may be treated as a relevant supporting circumstance for drawing that inference. en-us Wed, 31 Mar 1954 00:00:00 +0530 Mon, 10 Oct 2016 16:08:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187119 Unexplained cash credits may be treated as income from undisclosed sources when the assessee fails to prove a credible independent source and surrounding circumstances cast doubt on the explanation. The assessee bears the primary burden of producing material evidence to establish genuineness, and the tax authority is not required to pursue every suggested inquiry where that burden is not discharged. An earlier rejection of a similar explanation in the assessee's own case may be treated as a relevant supporting circumstance for drawing that inference. Case-Laws Income Tax Wed, 31 Mar 1954 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187119