https://www.taxtmi.com/caselaws?id=340377 The High Court upheld the addition of unexplained cash in the hands of the assessee, dismissing the appeal challenging the decisions of the lower authorities. The court found the AO's addition justified based on the available evidence, rejecting the argument that the cash belonged to the sister and not the assessee. Despite the voluntary return of the cash, the court confirmed the addition under Section 69A of the Income Tax Act, emphasizing that the source of the amount was not adequately proven. en-us Mon, 06 Mar 2017 00:00:00 +0530 Wed, 13 Dec 2017 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340377 The High Court upheld the addition of unexplained cash in the hands of the assessee, dismissing the appeal challenging the decisions of the lower authorities. The court found the AO's addition justified based on the available evidence, rejecting the argument that the cash belonged to the sister and not the assessee. Despite the voluntary return of the cash, the court confirmed the addition under Section 69A of the Income Tax Act, emphasizing that the source of the amount was not adequately proven. Case-Laws Income Tax Mon, 06 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340377