https://www.taxtmi.com/caselaws?id=785867 When books of account are rejected and purchases, sales and stock are not proved, unexplained cash deposits may be treated as business income; the tribunal applied the doctrine of human probability to reject the assessee's claim that such deposits represented genuine cash sales and sustained the addition as unexplained income. Separately, payments to relatives were examined against fair market value and legitimate business needs; the tribunal found a portion excessive and confirmed a partial disallowance of Rs. 23,06,000 under related-party payment rules. en-us Thu, 08 Jan 2026 00:00:00 +0530 Mon, 02 Feb 2026 08:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785867 When books of account are rejected and purchases, sales and stock are not proved, unexplained cash deposits may be treated as business income; the tribunal applied the doctrine of human probability to reject the assessee's claim that such deposits represented genuine cash sales and sustained the addition as unexplained income. Separately, payments to relatives were examined against fair market value and legitimate business needs; the tribunal found a portion excessive and confirmed a partial disallowance of Rs. 23,06,000 under related-party payment rules. Case-Laws Income Tax Thu, 08 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785867