https://www.taxtmi.com/caselaws?id=30035 The High Court upheld the Tribunal's decision to delete the addition of Rs.10,85,003/- on account of unaccounted cash sales. The Court found no evidence of unexplained investment by the assessee related to the unaccounted sales, justifying taxation only on the gross profit earned. The question was answered in favor of the assessee, resulting in the disposal of the reference with no order as to costs. en-us Tue, 12 Feb 2008 00:00:00 +0530 Thu, 12 Mar 2026 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30035 The High Court upheld the Tribunal's decision to delete the addition of Rs.10,85,003/- on account of unaccounted cash sales. The Court found no evidence of unexplained investment by the assessee related to the unaccounted sales, justifying taxation only on the gross profit earned. The question was answered in favor of the assessee, resulting in the disposal of the reference with no order as to costs. Case-Laws Income Tax Tue, 12 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30035