https://www.taxtmi.com/caselaws?id=471101 Cash deposits in a proprietary trading business bank account were supported by the nature of cash sales and purchases and by evidence of continuing cash availability in preceding and succeeding years. Failure to maintain regular books of account did not by itself justify disregarding the business evidence. The deposits were therefore not treated as unexplained money, and the proposed addition was unsustainable. en-us Wed, 02 Apr 2025 00:00:00 +0530 Thu, 20 Aug 2026 19:01:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471101 Cash deposits in a proprietary trading business bank account were supported by the nature of cash sales and purchases and by evidence of continuing cash availability in preceding and succeeding years. Failure to maintain regular books of account did not by itself justify disregarding the business evidence. The deposits were therefore not treated as unexplained money, and the proposed addition was unsustainable. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471101