https://www.taxtmi.com/caselaws?id=792846 Low household withdrawals were sustained as an addition where declared withdrawals were materially lower than the prior year and the assessee's claim that the spouse met household es was unsupported. Outstanding year-end sundry creditor balances were not treated as unexplained cash credits under section 68 because the liabilities were shown to have been discharged in the succeeding year through banking channels and that fact was not controverted. Freight and transportation expenses were disallowed under section 40(a)(ia) because tax was not deducted at source and the declarations relied on under section 194C(6) were incomplete and unreliable. en-us Fri, 22 May 2026 00:00:00 +0530 Thu, 25 Jun 2026 17:41:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792846 Low household withdrawals were sustained as an addition where declared withdrawals were materially lower than the prior year and the assessee's claim that the spouse met household es was unsupported. Outstanding year-end sundry creditor balances were not treated as unexplained cash credits under section 68 because the liabilities were shown to have been discharged in the succeeding year through banking channels and that fact was not controverted. Freight and transportation expenses were disallowed under section 40(a)(ia) because tax was not deducted at source and the declarations relied on under section 194C(6) were incomplete and unreliable. Case-Laws Income Tax Fri, 22 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792846