https://www.taxtmi.com/caselaws?id=793754 Contemporaneous cash book extracts of the proprietary concerns explained cash found during search only to the extent of 6,73,805; affidavits unsupported by evidence of actual availability were insufficient, so the balance of the cash addition remained sustained. The addition for 12 gold bars was also sustained because the claimed earlier purchase and book entry were not supported by purchase bills or other credible proof of source. The objection that the additions failed for want of an express reference to the applicable deeming provision was rejected, since the factual basis for treating the assets as unexplained was established. en-us Fri, 19 Jun 2026 00:00:00 +0530 Tue, 23 Jun 2026 08:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793754 Contemporaneous cash book extracts of the proprietary concerns explained cash found during search only to the extent of 6,73,805; affidavits unsupported by evidence of actual availability were insufficient, so the balance of the cash addition remained sustained. The addition for 12 gold bars was also sustained because the claimed earlier purchase and book entry were not supported by purchase bills or other credible proof of source. The objection that the additions failed for want of an express reference to the applicable deeming provision was rejected, since the factual basis for treating the assets as unexplained was established. Case-Laws Income Tax Fri, 19 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793754