https://www.taxtmi.com/caselaws?id=782399 HC upheld the Tribunal's finding that the assessee failed to offer any plausible explanation or evidence regarding excess cash and unverifiable purchases under s. 69C. The assessee could not substantiate the claim that the amounts were brought forward from the earlier financial year, as no such figures appeared in the relied-upon records, and no independent evidence of carry-forward was produced. HC held that the proposed grounds raised only pure questions of fact, not substantial questions of law under s. 260A of the Act. Consequently, the tax appeals were held not maintainable and were dismissed. en-us Mon, 24 Nov 2025 00:00:00 +0530 Fri, 28 Nov 2025 08:24:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782399 HC upheld the Tribunal's finding that the assessee failed to offer any plausible explanation or evidence regarding excess cash and unverifiable purchases under s. 69C. The assessee could not substantiate the claim that the amounts were brought forward from the earlier financial year, as no such figures appeared in the relied-upon records, and no independent evidence of carry-forward was produced. HC held that the proposed grounds raised only pure questions of fact, not substantial questions of law under s. 260A of the Act. Consequently, the tax appeals were held not maintainable and were dismissed. Case-Laws Income Tax Mon, 24 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782399