https://www.taxtmi.com/caselaws?id=788817 In search assessment, additions for cash shortage, cash found at residence, opening sundry creditors, wages, stock and capital introduction were deleted where the entries were explained as business-related, old balances or reconciled items, and no incriminating material was found for the unabated years. The Tribunal also rejected the related section 115BBE application because it depended on the survival of the substantive additions. Additions for cash deposits, house construction or renovation, foreign currency and capital introduction were likewise deleted where sources were shown through withdrawals, accumulated savings, business income, debtor realisations and assessed receipts, including one item already taxed in another hand, making the adjustment unsustainable. The departmental appeals failed and the assessees obtained relief. en-us Thu, 26 Mar 2026 00:00:00 +0530 Sat, 28 Mar 2026 08:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788817 In search assessment, additions for cash shortage, cash found at residence, opening sundry creditors, wages, stock and capital introduction were deleted where the entries were explained as business-related, old balances or reconciled items, and no incriminating material was found for the unabated years. The Tribunal also rejected the related section 115BBE application because it depended on the survival of the substantive additions. Additions for cash deposits, house construction or renovation, foreign currency and capital introduction were likewise deleted where sources were shown through withdrawals, accumulated savings, business income, debtor realisations and assessed receipts, including one item already taxed in another hand, making the adjustment unsustainable. The departmental appeals failed and the assessees obtained relief. Case-Laws Income Tax Thu, 26 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788817