https://www.taxtmi.com/caselaws?id=450469 Foreign currency found during search was treated as unaccounted income because the explanation that it represented foreign-travel leftovers was not supported by reliable evidence. The invoices produced related to different years and did not match the currencies and denominations actually found, so the assessee failed to discharge the onus to explain the source of the cash. The addition was therefore upheld. en-us Mon, 04 Mar 2024 00:00:00 +0530 Wed, 06 Mar 2024 08:29:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450469 Foreign currency found during search was treated as unaccounted income because the explanation that it represented foreign-travel leftovers was not supported by reliable evidence. The invoices produced related to different years and did not match the currencies and denominations actually found, so the assessee failed to discharge the onus to explain the source of the cash. The addition was therefore upheld. Case-Laws Income Tax Mon, 04 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450469