https://www.taxtmi.com/caselaws?id=466235 Unexplained cash found on search was explained as firm imprest withdrawals and supported by the firm cash-book; CIT(A) accepted this explanation and deleted the addition because the cash-book balance covered the impugned amount. Admissions of income during search were not sufficient alone to sustain additions in absence of corroborative material; the appellate authority deleted unsustainable surrender-based additions for lack of supporting evidence. A cash loan not recorded in books and admitted by the taxpayer was treated as from unexplained sources, and the addition was upheld. Protective additions tied to deleted substantive disallowances were consequently removed. en-us Thu, 18 May 2023 00:00:00 +0530 Fri, 30 Jan 2026 12:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466235 Unexplained cash found on search was explained as firm imprest withdrawals and supported by the firm cash-book; CIT(A) accepted this explanation and deleted the addition because the cash-book balance covered the impugned amount. Admissions of income during search were not sufficient alone to sustain additions in absence of corroborative material; the appellate authority deleted unsustainable surrender-based additions for lack of supporting evidence. A cash loan not recorded in books and admitted by the taxpayer was treated as from unexplained sources, and the addition was upheld. Protective additions tied to deleted substantive disallowances were consequently removed. Case-Laws Income Tax Thu, 18 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466235