https://www.taxtmi.com/caselaws?id=468426 Cash-credit addition was deleted where the assessee showed receipt through banking channel and explained the creditor-name mismatch as a bank error. The unexplained-expenditure issue required fresh verification because the supporting bills, sundry creditor treatment, and subsequent accounting by suppliers needed examination, so the matter was remanded for reconsideration. The ad hoc expense disallowance was found excessive because some business expenditure was necessarily incurred even though full supporting vouchers were not accepted, and the disallowance was reduced from 50% to 25%. en-us Mon, 03 Feb 2025 00:00:00 +0530 Tue, 05 May 2026 14:37:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468426 Cash-credit addition was deleted where the assessee showed receipt through banking channel and explained the creditor-name mismatch as a bank error. The unexplained-expenditure issue required fresh verification because the supporting bills, sundry creditor treatment, and subsequent accounting by suppliers needed examination, so the matter was remanded for reconsideration. The ad hoc expense disallowance was found excessive because some business expenditure was necessarily incurred even though full supporting vouchers were not accepted, and the disallowance was reduced from 50% to 25%. Case-Laws Income Tax Mon, 03 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468426