https://www.taxtmi.com/caselaws?id=796876 Additions for alleged unaccounted sales cannot rest solely on loose papers and digital documents that are not regular books of account and do not establish completed sales, cash receipts, or taxable income. The statutory presumption for seized material remains rebuttable and does not remove the Revenue's burden to prove genuine undisclosed transactions. Where explanations and retractions remain unrebutted and no independent inquiry or corroborative evidence-such as unrecorded stock, purchases, cash, transport or delivery records, parallel invoices, or purchaser confirmations-exists, interpolated figures and unverified communications have insufficient probative value. The additions were therefore deleted. en-us Wed, 05 Aug 2026 00:00:00 +0530 Wed, 12 Aug 2026 08:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796876 Additions for alleged unaccounted sales cannot rest solely on loose papers and digital documents that are not regular books of account and do not establish completed sales, cash receipts, or taxable income. The statutory presumption for seized material remains rebuttable and does not remove the Revenue's burden to prove genuine undisclosed transactions. Where explanations and retractions remain unrebutted and no independent inquiry or corroborative evidence-such as unrecorded stock, purchases, cash, transport or delivery records, parallel invoices, or purchaser confirmations-exists, interpolated figures and unverified communications have insufficient probative value. The additions were therefore deleted. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796876