https://www.taxtmi.com/highlights?id=72588 Cash found during search from the residential premises of the appellant - Estimation of expenses is also without any basis. Hence the argument put forth by the CIT(A) that cash do not belong to the company and some expenses must have been incurred is not tenable and hence rejected. Owing to the availability of the cash in the accepted books of accounts of the company as well as accepted statement affairs filed by the family members, no further addition is required - AT en-us Tue, 17 Oct 2023 10:04:50 +0530 Tue, 17 Oct 2023 10:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72588 Cash found during search from the residential premises of the appellant - Estimation of expenses is also without any basis. Hence the argument put forth by the CIT(A) that cash do not belong to the company and some expenses must have been incurred is not tenable and hence rejected. Owing to the availability of the cash in the accepted books of accounts of the company as well as accepted statement affairs filed by the family members, no further addition is required - AT Highlights Income Tax Tue, 17 Oct 2023 10:04:50 +0530 https://www.taxtmi.com/highlights?id=72588