https://www.taxtmi.com/caselaws?id=797702 Additional evidence on the accounting and tax treatment of a GST refund may require admission and factual verification where it is material to a business-loss adjustment and was not examined earlier. The GST-refund mismatch consequently requires fresh determination after verification of the supporting material. Trade payables arising from purchases cannot be treated as unexplained cash credits where reconciliations and supporting records establish creditor identity and the genuineness of the liabilities. Non-response to verification notices alone is insufficient without evidence that the underlying purchases are fictitious or non-genuine. en-us Wed, 19 Aug 2026 00:00:00 +0530 Wed, 26 Aug 2026 08:27:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797702 Additional evidence on the accounting and tax treatment of a GST refund may require admission and factual verification where it is material to a business-loss adjustment and was not examined earlier. The GST-refund mismatch consequently requires fresh determination after verification of the supporting material. Trade payables arising from purchases cannot be treated as unexplained cash credits where reconciliations and supporting records establish creditor identity and the genuineness of the liabilities. Non-response to verification notices alone is insufficient without evidence that the underlying purchases are fictitious or non-genuine. Case-Laws Income Tax Wed, 19 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797702