https://www.taxtmi.com/caselaws?id=469192 Additional evidence was admitted because month-wise cash details, cash book extracts, profit and loss account, and interest ledger entries were material to determine the source of demonetisation-period cash deposits and the tax treatment of interest receipts. The cash deposit addition was remitted for de novo verification where business cash sales and regular deposits prima facie supported the assessee's explanation. The interest addition was also remitted because the records indicated the receipts had already been netted against interest expenditure, raising a double-addition issue. The substantive additions were therefore set aside for fresh adjudication after verification of the new material, with remaining grounds treated as infructuous. en-us Mon, 03 Mar 2025 00:00:00 +0530 Tue, 09 Jun 2026 13:43:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469192 Additional evidence was admitted because month-wise cash details, cash book extracts, profit and loss account, and interest ledger entries were material to determine the source of demonetisation-period cash deposits and the tax treatment of interest receipts. The cash deposit addition was remitted for de novo verification where business cash sales and regular deposits prima facie supported the assessee's explanation. The interest addition was also remitted because the records indicated the receipts had already been netted against interest expenditure, raising a double-addition issue. The substantive additions were therefore set aside for fresh adjudication after verification of the new material, with remaining grounds treated as infructuous. Case-Laws Income Tax Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469192