https://www.taxtmi.com/caselaws?id=795147 Additions for alleged suppression of sales and unexplained cash require corroborative material; employee statements alone are insufficient. Where no unaccounted investment, unexplained asset or expenditure exists, and the relevant turnover has been disclosed in returns and already taxed, the suppression-of-sales addition cannot be sustained. Similarly, cash cannot be treated as unexplained money without material supporting unaccounted cash. Factual findings on the absence of corroboration do not give rise to a substantial question of law and are not subject to reappreciation in appeal. en-us Thu, 02 Jul 2026 00:00:00 +0530 Fri, 17 Jul 2026 08:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795147 Additions for alleged suppression of sales and unexplained cash require corroborative material; employee statements alone are insufficient. Where no unaccounted investment, unexplained asset or expenditure exists, and the relevant turnover has been disclosed in returns and already taxed, the suppression-of-sales addition cannot be sustained. Similarly, cash cannot be treated as unexplained money without material supporting unaccounted cash. Factual findings on the absence of corroboration do not give rise to a substantial question of law and are not subject to reappreciation in appeal. Case-Laws Income Tax Thu, 02 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795147