https://www.taxtmi.com/caselaws?id=796006 Cash supported by recorded sales of leftover construction material, contemporaneous books, sales invoices, inventory movement, buyer confirmations, audited accounts and GST reporting cannot be treated as unexplained money where the trading results remain accepted. The notes state that the Revenue must produce positive material disproving the sales or showing that the documentary trail is fabricated before invoking the unexplained-money provision. Consistency applies when stock and trading records have been accepted. On the stated facts, the source of cash found in employees' lockers was satisfactorily explained, so the conditions for an addition as unexplained money were not met. en-us Mon, 27 Jul 2026 00:00:00 +0530 Thu, 30 Jul 2026 08:52:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796006 Cash supported by recorded sales of leftover construction material, contemporaneous books, sales invoices, inventory movement, buyer confirmations, audited accounts and GST reporting cannot be treated as unexplained money where the trading results remain accepted. The notes state that the Revenue must produce positive material disproving the sales or showing that the documentary trail is fabricated before invoking the unexplained-money provision. Consistency applies when stock and trading records have been accepted. On the stated facts, the source of cash found in employees' lockers was satisfactorily explained, so the conditions for an addition as unexplained money were not met. Case-Laws Income Tax Mon, 27 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796006