https://www.taxtmi.com/caselaws?id=789568 Cash withdrawals from a primary milk cooperative society's bank account were held to represent payments to members for milk supplied, because the amounts received from the district federation were withdrawn and distributed according to quantity and quality of milk supplied, and the withdrawals were reflected in the books. On those facts, the withdrawals could not be treated as undisclosed or unexplained income. The addition made on that basis was therefore unsustainable and was deleted. en-us Wed, 11 Mar 2026 00:00:00 +0530 Fri, 10 Apr 2026 09:00:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789568 Cash withdrawals from a primary milk cooperative society's bank account were held to represent payments to members for milk supplied, because the amounts received from the district federation were withdrawn and distributed according to quantity and quality of milk supplied, and the withdrawals were reflected in the books. On those facts, the withdrawals could not be treated as undisclosed or unexplained income. The addition made on that basis was therefore unsustainable and was deleted. Case-Laws Income Tax Wed, 11 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789568