https://www.taxtmi.com/caselaws?id=468611 Cash purchases disallowance required fresh factual examination because the relationship between payer and supplier and any possible Rule 6DD exception had not been properly verified, so the matter was remanded for de novo adjudication. The addition treated as unexplained cash credit was sustained because the assessee offered no explanation or supporting evidence for the source of capital introduction. The estimated disallowance of expenses was also upheld since the assessee failed to substantiate the expenditure claimed in the profit and loss account. The result was limited relief only on the cash-payment issue. en-us Thu, 06 Feb 2025 00:00:00 +0530 Thu, 14 May 2026 19:45:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468611 Cash purchases disallowance required fresh factual examination because the relationship between payer and supplier and any possible Rule 6DD exception had not been properly verified, so the matter was remanded for de novo adjudication. The addition treated as unexplained cash credit was sustained because the assessee offered no explanation or supporting evidence for the source of capital introduction. The estimated disallowance of expenses was also upheld since the assessee failed to substantiate the expenditure claimed in the profit and loss account. The result was limited relief only on the cash-payment issue. Case-Laws Income Tax Thu, 06 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468611