https://www.taxtmi.com/caselaws?id=464387 ITAT (Chandigarh) upheld assessment treating cash found during survey as deemed income under s.69A read with s.115BBE, holding that the taxpayer failed to satisfactorily explain nature and source of unaccounted cash. The surrender during survey and reiteration in return were insufficient to discharge the onus of proof, so the AO's invocation of s.69A r.w.s.115BBE and the CIT(A)'s confirmation were sustained and the appeal dismissed. en-us Fri, 24 May 2024 00:00:00 +0530 Mon, 27 Oct 2025 20:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464387 ITAT (Chandigarh) upheld assessment treating cash found during survey as deemed income under s.69A read with s.115BBE, holding that the taxpayer failed to satisfactorily explain nature and source of unaccounted cash. The surrender during survey and reiteration in return were insufficient to discharge the onus of proof, so the AO's invocation of s.69A r.w.s.115BBE and the CIT(A)'s confirmation were sustained and the appeal dismissed. Case-Laws Income Tax Fri, 24 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464387