https://www.taxtmi.com/caselaws?id=794536 Audited books, a cash book and quantitative stock records supported the assessee's explanation that bank deposits arose from regular cash sales, and no defect was found in the accounts; the cash-deposit addition was therefore deleted. Purchases were also accepted where the assessee produced ledger entries, invoices, supplier confirmation and stock tally, because mere non-response to a section 133(6) notice and absence from Form 26AS did not outweigh the documentary record; the bogus-purchase addition was deleted. The note states that where accounts and corroborative records support the transactions, an addition cannot rest only on suspicion or third-party non-response. en-us Wed, 01 Jul 2026 00:00:00 +0530 Tue, 07 Jul 2026 08:39:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794536 Audited books, a cash book and quantitative stock records supported the assessee's explanation that bank deposits arose from regular cash sales, and no defect was found in the accounts; the cash-deposit addition was therefore deleted. Purchases were also accepted where the assessee produced ledger entries, invoices, supplier confirmation and stock tally, because mere non-response to a section 133(6) notice and absence from Form 26AS did not outweigh the documentary record; the bogus-purchase addition was deleted. The note states that where accounts and corroborative records support the transactions, an addition cannot rest only on suspicion or third-party non-response. Case-Laws Income Tax Wed, 01 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794536