https://www.taxtmi.com/caselaws?id=795219 Telescoping of unexplained cash receipts against undisclosed investment requires a demonstrated nexus in both source and period; where the residential plot acquisition predates the seized diary entries, the set-off is unavailable. Undisclosed investment in residential property should be computed from substantiated actual investment, rather than an unsupported insurance estimate, after accounting for recorded expenditure. Unexplained cash receipts reflected in diary entries may be added where factual findings support their treatment as unaccounted receipts. Fixed-deposit additions must reflect the actual unaccounted amount invested, not the later maturity value of the deposits. en-us Wed, 15 Jul 2026 00:00:00 +0530 Sat, 18 Jul 2026 08:27:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795219 Telescoping of unexplained cash receipts against undisclosed investment requires a demonstrated nexus in both source and period; where the residential plot acquisition predates the seized diary entries, the set-off is unavailable. Undisclosed investment in residential property should be computed from substantiated actual investment, rather than an unsupported insurance estimate, after accounting for recorded expenditure. Unexplained cash receipts reflected in diary entries may be added where factual findings support their treatment as unaccounted receipts. Fixed-deposit additions must reflect the actual unaccounted amount invested, not the later maturity value of the deposits. Case-Laws Income Tax Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795219