https://www.taxtmi.com/caselaws?id=791619 Unsubstantiated salary, commission and standard deduction claims were not accepted because the assessee produced no cogent evidence of employment, receipt or brokerage, so the additions as unexplained income were sustained. By contrast, rice-trading receipts supported by bills, confirmations and supplier details were treated as business receipts; income returned under the presumptive scheme did not require regular books of account, and section 69A could not be applied to recharacterise the same receipts as unexplained money. The result was that the salary and commission additions failed, while the rice-trading and presumptive-income additions were deleted, giving the assessee only partial relief. en-us Thu, 02 Apr 2026 00:00:00 +0530 Mon, 01 Jun 2026 11:11:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791619 Unsubstantiated salary, commission and standard deduction claims were not accepted because the assessee produced no cogent evidence of employment, receipt or brokerage, so the additions as unexplained income were sustained. By contrast, rice-trading receipts supported by bills, confirmations and supplier details were treated as business receipts; income returned under the presumptive scheme did not require regular books of account, and section 69A could not be applied to recharacterise the same receipts as unexplained money. The result was that the salary and commission additions failed, while the rice-trading and presumptive-income additions were deleted, giving the assessee only partial relief. Case-Laws Income Tax Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791619