https://www.taxtmi.com/caselaws?id=471873 Search additions for purported non-genuine cash purchases require corroborative incriminating material; admissions made during inquiry, without such material, are not conclusive. Vouchers recorded in regular audited books and VAT records, reconciled with accepted sales and stock, and a prompt affidavit retracting admissions did not establish bogus purchases; the cash-purchase additions were deleted. An unsigned loose sheet and a departmental computer-generated interest calculation did not prove an advance, receipt of interest, or enforceable right to receive interest. The statutory presumption for seized material is rebuttable, and unidentified entries remained a dumb document; the notional interest addition was deleted. en-us Thu, 09 Oct 2025 00:00:00 +0530 Tue, 22 Sep 2026 08:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471873 Search additions for purported non-genuine cash purchases require corroborative incriminating material; admissions made during inquiry, without such material, are not conclusive. Vouchers recorded in regular audited books and VAT records, reconciled with accepted sales and stock, and a prompt affidavit retracting admissions did not establish bogus purchases; the cash-purchase additions were deleted. An unsigned loose sheet and a departmental computer-generated interest calculation did not prove an advance, receipt of interest, or enforceable right to receive interest. The statutory presumption for seized material is rebuttable, and unidentified entries remained a dumb document; the notional interest addition was deleted. Case-Laws Income Tax Thu, 09 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471873