https://www.taxtmi.com/caselaws?id=769288 Additional evidence on capital introductions and cash credits may support deletion where bank records and creditor material remain unchallenged on verification. Jewellery within CBDT-recognised family limits and interest-free advances funded by sufficient own funds are treated as explained, while unsupported locker jewellery and household valuables may remain taxable. Estimated construction or hotel receipts require defects in books or reliable supporting material; limited-period data cannot justify annual extrapolation. Seized papers must be reconciled or corroborated, though matching godown-sale and extra-work records may support additions. Valuation-based investment additions require prior rejection of books. Hotel electrical installations qualify as plant for higher depreciation, and unaccounted income may be telescoped against unexplained investments where facts and law permit. en-us Tue, 30 Jul 2024 00:00:00 +0530 Wed, 12 Aug 2026 11:03:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769288 Additional evidence on capital introductions and cash credits may support deletion where bank records and creditor material remain unchallenged on verification. Jewellery within CBDT-recognised family limits and interest-free advances funded by sufficient own funds are treated as explained, while unsupported locker jewellery and household valuables may remain taxable. Estimated construction or hotel receipts require defects in books or reliable supporting material; limited-period data cannot justify annual extrapolation. Seized papers must be reconciled or corroborated, though matching godown-sale and extra-work records may support additions. Valuation-based investment additions require prior rejection of books. Hotel electrical installations qualify as plant for higher depreciation, and unaccounted income may be telescoped against unexplained investments where facts and law permit. Case-Laws Income Tax Tue, 30 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769288