https://www.taxtmi.com/caselaws?id=467652 Cash deposits reflected in business records as part of turnover cannot be separately taxed as unexplained investment where the corresponding cash sales were already disclosed and offered as business income. The same receipts had already entered the computation of business income, so treating them again as an addition under section 69 would result in double counting. On the material on record, the deposits were linked to declared business turnover, and the separate unexplained investment addition was therefore deleted. en-us Tue, 27 May 2025 00:00:00 +0530 Fri, 27 Mar 2026 19:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467652 Cash deposits reflected in business records as part of turnover cannot be separately taxed as unexplained investment where the corresponding cash sales were already disclosed and offered as business income. The same receipts had already entered the computation of business income, so treating them again as an addition under section 69 would result in double counting. On the material on record, the deposits were linked to declared business turnover, and the separate unexplained investment addition was therefore deleted. Case-Laws Income Tax Tue, 27 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467652