https://www.taxtmi.com/caselaws?id=798970 Uncorroborated electronic worksheets and screenshots cannot independently support income-tax additions where authorship, ownership and transactional nexus remain unproved and no independent verification is undertaken. On that basis, additions for alleged unexplained loans, related interest, cash purchases and debtor balances were deleted because the electronic records lacked supporting books, bank records, invoices, confirmations, stock records or third-party enquiries. Diary workings linked to business could support taxation only of the profit embedded in unaccounted sales; unsupported multiplication of recorded figures was rejected. Cash rent remained disallowed for want of verifiable payment and landlord evidence, while excess stock remained taxable as unexplained investment because no satisfactory reconciliation with book stock was furnished. en-us Fri, 11 Sep 2026 00:00:00 +0530 Tue, 15 Sep 2026 08:31:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798970 Uncorroborated electronic worksheets and screenshots cannot independently support income-tax additions where authorship, ownership and transactional nexus remain unproved and no independent verification is undertaken. On that basis, additions for alleged unexplained loans, related interest, cash purchases and debtor balances were deleted because the electronic records lacked supporting books, bank records, invoices, confirmations, stock records or third-party enquiries. Diary workings linked to business could support taxation only of the profit embedded in unaccounted sales; unsupported multiplication of recorded figures was rejected. Cash rent remained disallowed for want of verifiable payment and landlord evidence, while excess stock remained taxable as unexplained investment because no satisfactory reconciliation with book stock was furnished. Case-Laws Income Tax Fri, 11 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798970