https://www.taxtmi.com/caselaws?id=791989 Additions for alleged unexplained cash receipts under section 68 and unexplained expenditure under section 69C were found unsustainable because the assessee produced the cash book and contract-linked entries from both parties' books and the related firm's books, which explained the accounting mismatch noted by the Assessing Officer. The factual basis for the additions was therefore incorrect, and the cash book supported both the credit and expenditure entries. On that record, the impugned additions could not stand, and the assessee succeeded. en-us Wed, 13 May 2026 00:00:00 +0530 Thu, 21 May 2026 08:30:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791989 Additions for alleged unexplained cash receipts under section 68 and unexplained expenditure under section 69C were found unsustainable because the assessee produced the cash book and contract-linked entries from both parties' books and the related firm's books, which explained the accounting mismatch noted by the Assessing Officer. The factual basis for the additions was therefore incorrect, and the cash book supported both the credit and expenditure entries. On that record, the impugned additions could not stand, and the assessee succeeded. Case-Laws Income Tax Wed, 13 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791989