https://www.taxtmi.com/caselaws?id=468186 Additions under sections 68, 69A and 69C require reliable material linking the assessee to the unexplained item and a proper rejection of a plausible explanation on record. A cash deposit was explained as tuition and rental income disclosed in the return, with student details and no adverse material, so section 69A could not be applied. A seized Excel sheet was treated as an unfinalised and unreliable extract, unsupported by proper enquiry and linked to the client rather than the assessee, so section 69C was not attracted. A bank withdrawal was a debit from an account used for client payments, not an unexplained credit, so section 68 did not apply. en-us Fri, 14 Feb 2025 00:00:00 +0530 Mon, 20 Apr 2026 12:49:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468186 Additions under sections 68, 69A and 69C require reliable material linking the assessee to the unexplained item and a proper rejection of a plausible explanation on record. A cash deposit was explained as tuition and rental income disclosed in the return, with student details and no adverse material, so section 69A could not be applied. A seized Excel sheet was treated as an unfinalised and unreliable extract, unsupported by proper enquiry and linked to the client rather than the assessee, so section 69C was not attracted. A bank withdrawal was a debit from an account used for client payments, not an unexplained credit, so section 68 did not apply. Case-Laws Income Tax Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468186