https://www.taxtmi.com/caselaws?id=795147 Additions for alleged suppression of sales or unexplained money cannot rest solely on employee statements without corroborative material. The notes state that no unaccounted investment, unexplained asset or expenditure supported the suppression allegation, while the relevant turnover had been disclosed in returns and taxed. They further state that no material established unaccounted cash. The Tribunal's factual findings were not open to reappreciation in the absence of a substantial question of law, resulting in deletion of both additions. 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 or unexplained money cannot rest solely on employee statements without corroborative material. The notes state that no unaccounted investment, unexplained asset or expenditure supported the suppression allegation, while the relevant turnover had been disclosed in returns and taxed. They further state that no material established unaccounted cash. The Tribunal's factual findings were not open to reappreciation in the absence of a substantial question of law, resulting in deletion of both additions. Case-Laws Income Tax Thu, 02 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795147