https://www.taxtmi.com/caselaws?id=443456 Where seized loose papers and corroborative material show receipts, expenditure, and cash transactions, and the assessee fails to rebut them with credible evidence, the additions are sustainable. The same applies to alleged unexplained investments in plots and insurance policies, as well as cash found during search, where the claimed sources are not proved by reliable records or by evidence of creditworthiness, genuineness, and actual flow of funds. Protective additions in the wife's hands cannot survive once the corresponding substantive additions in the husband's hands are upheld on the same facts. en-us Tue, 16 May 2023 00:00:00 +0530 Fri, 22 Sep 2023 21:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443456 Where seized loose papers and corroborative material show receipts, expenditure, and cash transactions, and the assessee fails to rebut them with credible evidence, the additions are sustainable. The same applies to alleged unexplained investments in plots and insurance policies, as well as cash found during search, where the claimed sources are not proved by reliable records or by evidence of creditworthiness, genuineness, and actual flow of funds. Protective additions in the wife's hands cannot survive once the corresponding substantive additions in the husband's hands are upheld on the same facts. Case-Laws Income Tax Tue, 16 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443456