https://www.taxtmi.com/caselaws?id=465909 Addition under provisions relating to unexplained cash addresses whether cash seized during survey can be treated as business income. The legal basis requires the assessee to establish a factual nexus between the surrendered cash and business receipts; failure to prove source or linkage justifies invoking unexplained cash provisions and taxing the amount under special taxation rules. The burden of proof rests on the assessee to explain the cash; absent such proof, authorities may characterize the amount as undisclosed income and apply higher taxation measures. en-us Fri, 30 Aug 2024 00:00:00 +0530 Wed, 14 Jan 2026 16:36:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465909 Addition under provisions relating to unexplained cash addresses whether cash seized during survey can be treated as business income. The legal basis requires the assessee to establish a factual nexus between the surrendered cash and business receipts; failure to prove source or linkage justifies invoking unexplained cash provisions and taxing the amount under special taxation rules. The burden of proof rests on the assessee to explain the cash; absent such proof, authorities may characterize the amount as undisclosed income and apply higher taxation measures. Case-Laws Income Tax Fri, 30 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465909