https://www.taxtmi.com/caselaws?id=790407 Protective additions for unaccounted purchases, sales, cash expenditure and cash found could not survive in the assessee's hands where the same business activity had already been assessed substantively in the partnership firm's hands. Cash found at the residential premises was deleted because the cash book of the retail business explained availability of cash, with telescoping accepted against business additions. Additions for excess stock and estimated profit on short stock were also deleted, the stock differences being treated as minor and capable of reconciliation rather than as separate concealment. The appeal succeeded in full and all impugned additions were set aside. en-us Tue, 21 Apr 2026 00:00:00 +0530 Fri, 24 Apr 2026 08:52:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790407 Protective additions for unaccounted purchases, sales, cash expenditure and cash found could not survive in the assessee's hands where the same business activity had already been assessed substantively in the partnership firm's hands. Cash found at the residential premises was deleted because the cash book of the retail business explained availability of cash, with telescoping accepted against business additions. Additions for excess stock and estimated profit on short stock were also deleted, the stock differences being treated as minor and capable of reconciliation rather than as separate concealment. The appeal succeeded in full and all impugned additions were set aside. Case-Laws Income Tax Tue, 21 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790407