https://www.taxtmi.com/caselaws?id=467696 Additional evidence such as a company cash book must be admitted and examined before sustaining an addition for cash found at the assessee's residence; the cash issue was restored for fresh consideration. An alleged cash payment for property could not be treated as unexplained investment under section 69 without corroborative evidence, especially where the deal did not materialise and supporting material indicated no actual cash outflow; the addition was deleted. Jewellery additions could not survive where the assessee's earlier declaration and the possibility of remaking or remodelling reasonably explained the items found; the sustained addition was also deleted. en-us Thu, 27 Jun 2024 00:00:00 +0530 Mon, 30 Mar 2026 19:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467696 Additional evidence such as a company cash book must be admitted and examined before sustaining an addition for cash found at the assessee's residence; the cash issue was restored for fresh consideration. An alleged cash payment for property could not be treated as unexplained investment under section 69 without corroborative evidence, especially where the deal did not materialise and supporting material indicated no actual cash outflow; the addition was deleted. Jewellery additions could not survive where the assessee's earlier declaration and the possibility of remaking or remodelling reasonably explained the items found; the sustained addition was also deleted. Case-Laws Income Tax Thu, 27 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467696