https://www.taxtmi.com/caselaws?id=465981 Unexplained money under provisions concerning unexplained income was challenged on the quantum of personal living expenses attributed to the assessee for 126 days in India. The tribunal found the assessing officer's estimate lacked any comparative benchmark or defendable source and noted the employer had borne the relevant expenditures and recorded them in income computation; consequently the appellate authority's sustainment of the addition lacked credible basis and was not supportable. The tribunal deleted the addition relating to personal living expenses and allowed the appeal of the assessee. en-us Mon, 03 Feb 2025 00:00:00 +0530 Sat, 17 Jan 2026 20:13:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465981 Unexplained money under provisions concerning unexplained income was challenged on the quantum of personal living expenses attributed to the assessee for 126 days in India. The tribunal found the assessing officer's estimate lacked any comparative benchmark or defendable source and noted the employer had borne the relevant expenditures and recorded them in income computation; consequently the appellate authority's sustainment of the addition lacked credible basis and was not supportable. The tribunal deleted the addition relating to personal living expenses and allowed the appeal of the assessee. Case-Laws Income Tax Mon, 03 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465981