https://www.taxtmi.com/caselaws?id=776841 Form 26AS-related addition required fresh factual verification to determine whether the same income had already been taxed and whether double addition existed, so that issue was remitted for verification. Cash deposits of Rs. 16,53,000 were treated as part of business receipts because their separate source was not established and the assessee had already been assessed on gross receipts at 10%, so the deposits were directed to be computed on the same basis. The challenge to estimation of income at 10% on gross receipts failed because the assessee did not prove reliable book results or any basis to disturb the adopted rate. en-us Tue, 07 Jan 2025 00:00:00 +0530 Wed, 20 Aug 2025 08:34:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776841 Form 26AS-related addition required fresh factual verification to determine whether the same income had already been taxed and whether double addition existed, so that issue was remitted for verification. Cash deposits of Rs. 16,53,000 were treated as part of business receipts because their separate source was not established and the assessee had already been assessed on gross receipts at 10%, so the deposits were directed to be computed on the same basis. The challenge to estimation of income at 10% on gross receipts failed because the assessee did not prove reliable book results or any basis to disturb the adopted rate. Case-Laws Income Tax Tue, 07 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776841