https://www.taxtmi.com/caselaws?id=799040 Section 69C unexplained-expenditure additions require the Revenue to displace reliable substantiating evidence. Labour and manpower expenses supported by invoices, ledger accounts, bank payments after tax deduction, audited accounts and GST records cannot be treated as unexplained merely because the service provider failed to answer a third-party notice, particularly where no further enquiry contradicts the evidence. Purchase entries included in closing work-in-progress, followed by return of goods, no payment and reversal of GST input credit, do not create unexplained expenditure where they produce no effective deduction or taxable-income impact. Documented transactions and neutralised purchase entries therefore do not justify an unexplained-expenditure addition. en-us Fri, 11 Sep 2026 00:00:00 +0530 Wed, 16 Sep 2026 08:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799040 Section 69C unexplained-expenditure additions require the Revenue to displace reliable substantiating evidence. Labour and manpower expenses supported by invoices, ledger accounts, bank payments after tax deduction, audited accounts and GST records cannot be treated as unexplained merely because the service provider failed to answer a third-party notice, particularly where no further enquiry contradicts the evidence. Purchase entries included in closing work-in-progress, followed by return of goods, no payment and reversal of GST input credit, do not create unexplained expenditure where they produce no effective deduction or taxable-income impact. Documented transactions and neutralised purchase entries therefore do not justify an unexplained-expenditure addition. Case-Laws Income Tax Fri, 11 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799040