https://www.taxtmi.com/caselaws?id=469061 Where books of account are rejected and income is estimated, separate additions cannot be made again for sundry creditors, opening stock, cash deposits or alleged bogus purchases, because those items already form part of the rejected trading results. Isolating the same entries for further disallowance amounts to impermissible double addition on the same material. The Tribunal therefore upheld deletion of the impugned additions and sustained the view that no standalone addition was justified after estimation of business income. en-us Fri, 28 Mar 2025 00:00:00 +0530 Mon, 01 Jun 2026 18:58:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469061 Where books of account are rejected and income is estimated, separate additions cannot be made again for sundry creditors, opening stock, cash deposits or alleged bogus purchases, because those items already form part of the rejected trading results. Isolating the same entries for further disallowance amounts to impermissible double addition on the same material. The Tribunal therefore upheld deletion of the impugned additions and sustained the view that no standalone addition was justified after estimation of business income. Case-Laws Income Tax Fri, 28 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469061