https://www.taxtmi.com/caselaws?id=789759 A notice under section 143(2) issued in a format different from the CBDT-prescribed format did not, by itself, invalidate the assessment, so the procedural challenge failed. Cash receipts shown in the books as sales proceeds and debtor realisations, supported by invoices, stock records and purchase documents, could not be taxed as unexplained money under section 69A; the addition was deleted because the receipts were already recorded and taxing them again would amount to double taxation. For the same reason, the amounts could not be treated as unexplained cash credits under section 68, as they were not fresh credits but realisations from existing debtors. Relief was granted on the substantive additions. en-us Thu, 09 Apr 2026 00:00:00 +0530 Tue, 14 Apr 2026 08:03:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789759 A notice under section 143(2) issued in a format different from the CBDT-prescribed format did not, by itself, invalidate the assessment, so the procedural challenge failed. Cash receipts shown in the books as sales proceeds and debtor realisations, supported by invoices, stock records and purchase documents, could not be taxed as unexplained money under section 69A; the addition was deleted because the receipts were already recorded and taxing them again would amount to double taxation. For the same reason, the amounts could not be treated as unexplained cash credits under section 68, as they were not fresh credits but realisations from existing debtors. Relief was granted on the substantive additions. Case-Laws Income Tax Thu, 09 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789759