https://www.taxtmi.com/caselaws?id=789658 Prior undisclosed real estate receipts accepted as taxable business income on estimation were held capable of telescoping against later cash deposits, though only to the extent supported by the record; complete telescoping was not allowed, and the resulting addition was taxable under the normal provisions rather than under section 115BBE. Linked customer advances and a loan receipt from Saket Niketan Pvt. Ltd. were treated as part of the same business turnover, so separate additions under section 68 were deleted. The advance from Nihon Impex Pvt. Ltd. was upheld as a genuine property-related transaction, as documentary evidence and supporting material established the explanation despite non-compliance with a notice under section 133(6). en-us Thu, 09 Apr 2026 00:00:00 +0530 Sat, 11 Apr 2026 08:53:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789658 Prior undisclosed real estate receipts accepted as taxable business income on estimation were held capable of telescoping against later cash deposits, though only to the extent supported by the record; complete telescoping was not allowed, and the resulting addition was taxable under the normal provisions rather than under section 115BBE. Linked customer advances and a loan receipt from Saket Niketan Pvt. Ltd. were treated as part of the same business turnover, so separate additions under section 68 were deleted. The advance from Nihon Impex Pvt. Ltd. was upheld as a genuine property-related transaction, as documentary evidence and supporting material established the explanation despite non-compliance with a notice under section 133(6). Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789658