https://www.taxtmi.com/caselaws?id=463482 Cash sales supported by audited books, stock records, sale invoices and VAT returns were not rejected merely because complete buyer particulars were absent on every invoice, so rejection of books under section 145(3) was unwarranted. The cash deposits were treated as sale proceeds already recorded in the books, so addition as unexplained cash credit under section 68 failed. Amounts reflected in seized material but already disclosed as additional business income could not be re-characterised as unexplained money under section 69A without a distinct basis, so that addition also failed. Once the substantive additions did not survive, section 115BBE could not be applied independently. en-us Tue, 25 Feb 2025 00:00:00 +0530 Wed, 03 Sep 2025 10:00:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463482 Cash sales supported by audited books, stock records, sale invoices and VAT returns were not rejected merely because complete buyer particulars were absent on every invoice, so rejection of books under section 145(3) was unwarranted. The cash deposits were treated as sale proceeds already recorded in the books, so addition as unexplained cash credit under section 68 failed. Amounts reflected in seized material but already disclosed as additional business income could not be re-characterised as unexplained money under section 69A without a distinct basis, so that addition also failed. Once the substantive additions did not survive, section 115BBE could not be applied independently. Case-Laws Income Tax Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463482