https://www.taxtmi.com/caselaws?id=460563 In a limited scrutiny assessment, unexplained cash in hand was sustained because the assessee did not produce complete books or contemporaneous evidence to prove the nature and source of the cash balance, and later-filed cash book material was not admitted as additional evidence. The Tribunal also held that an addition for mismatch between Form 26AS and the return could not be made where the scrutiny was confined to cash-in-hand verification and the case was not converted into complete scrutiny in line with the applicable instructions; that addition was deleted. en-us Tue, 05 Dec 2023 00:00:00 +0530 Fri, 31 Jan 2025 18:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460563 In a limited scrutiny assessment, unexplained cash in hand was sustained because the assessee did not produce complete books or contemporaneous evidence to prove the nature and source of the cash balance, and later-filed cash book material was not admitted as additional evidence. The Tribunal also held that an addition for mismatch between Form 26AS and the return could not be made where the scrutiny was confined to cash-in-hand verification and the case was not converted into complete scrutiny in line with the applicable instructions; that addition was deleted. Case-Laws Income Tax Tue, 05 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460563