https://www.taxtmi.com/caselaws?id=788425 The text addresses invocation limits of provisions targeting unexplained expenditures and unexplained cash credits, explaining that where alleged purchases are recorded in books, supported by purchase bills and payments routed through bank accounts, the expenditure is explained and provisions against unexplained expenditure cannot be invoked; similarly, amounts already offered to tax as turnover cannot be treated as unexplained cash credits without risking double taxation. The operative legal points stress documentary evidence and bank routing as decisive in excluding application of unexplained expenditure and in precluding re taxation of amounts already reflected as taxable turnover. en-us Fri, 13 Mar 2026 00:00:00 +0530 Fri, 20 Mar 2026 14:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788425 The text addresses invocation limits of provisions targeting unexplained expenditures and unexplained cash credits, explaining that where alleged purchases are recorded in books, supported by purchase bills and payments routed through bank accounts, the expenditure is explained and provisions against unexplained expenditure cannot be invoked; similarly, amounts already offered to tax as turnover cannot be treated as unexplained cash credits without risking double taxation. The operative legal points stress documentary evidence and bank routing as decisive in excluding application of unexplained expenditure and in precluding re taxation of amounts already reflected as taxable turnover. Case-Laws Income Tax Fri, 13 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788425