https://www.taxtmi.com/caselaws?id=788116 Unexplained cash income cannot be added where books of account, bank statements and a cash-flow statement consistently establish withdrawals, redeposits, cash expenses and the closing cash balance. Where the accounts have not been rejected and the recorded material supports the cash position, a presumption that withdrawals were used for business purposes does not displace the documentary explanation. The addition for unexplained cash was therefore deleted, recognising that conjecture alone cannot sustain such an addition. en-us Thu, 19 Feb 2026 00:00:00 +0530 Tue, 17 Mar 2026 08:23:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788116 Unexplained cash income cannot be added where books of account, bank statements and a cash-flow statement consistently establish withdrawals, redeposits, cash expenses and the closing cash balance. Where the accounts have not been rejected and the recorded material supports the cash position, a presumption that withdrawals were used for business purposes does not displace the documentary explanation. The addition for unexplained cash was therefore deleted, recognising that conjecture alone cannot sustain such an addition. Case-Laws Income Tax Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788116