https://www.taxtmi.com/highlights?id=57845 Unexplained income - The revenue authorities should have given due regard and latitude to human conduct and behaviour while considering the validity and truthfulness of an explanation. One should not consider and reject an explanation as concocted and contrived by applying prudent man’s behaviour test. The principle of preponderance of probability as a test is to be applied and is sufficient to discharge onus. - AT en-us Wed, 05 May 2021 11:02:31 +0530 Wed, 05 May 2021 11:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57845 Unexplained income - The revenue authorities should have given due regard and latitude to human conduct and behaviour while considering the validity and truthfulness of an explanation. One should not consider and reject an explanation as concocted and contrived by applying prudent man’s behaviour test. The principle of preponderance of probability as a test is to be applied and is sufficient to discharge onus. - AT Highlights Income Tax Wed, 05 May 2021 11:02:31 +0530 https://www.taxtmi.com/highlights?id=57845