https://www.taxtmi.com/caselaws?id=470744 Unexplained money addition was sustained because the assessee failed to comply with remand directions requiring proof that specified concerns and their bank accounts were not used for accommodation entries, production of their real owners, and substantiation of the nature and recorded status of bank balances. No material was produced to rebut the lower authorities' findings or explain the seized cash and related amounts. The addition therefore remained sustained. en-us Wed, 26 Mar 2025 00:00:00 +0530 Thu, 06 Aug 2026 19:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470744 Unexplained money addition was sustained because the assessee failed to comply with remand directions requiring proof that specified concerns and their bank accounts were not used for accommodation entries, production of their real owners, and substantiation of the nature and recorded status of bank balances. No material was produced to rebut the lower authorities' findings or explain the seized cash and related amounts. The addition therefore remained sustained. Case-Laws Income Tax Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470744