https://www.taxtmi.com/caselaws?id=799599 Section 69A permits cash owned by an assessee to be treated as unexplained income where it is unrecorded in the books and its nature and source are not satisfactorily explained. A bare claim regarding source, unsupported by a cash book, ledger, income-expenditure statement, or other corroborative material, does not meet that evidentiary requirement. Where cash is validly assessed as unexplained money under Section 69A, Section 115BBE applies the prescribed special tax rate. Search-related penalty under Section 271AAB(1A)(b) may be linked to an unexplained-cash addition arising from a search seizure. en-us Mon, 31 Aug 2026 00:00:00 +0530 Thu, 24 Sep 2026 08:27:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799599 Section 69A permits cash owned by an assessee to be treated as unexplained income where it is unrecorded in the books and its nature and source are not satisfactorily explained. A bare claim regarding source, unsupported by a cash book, ledger, income-expenditure statement, or other corroborative material, does not meet that evidentiary requirement. Where cash is validly assessed as unexplained money under Section 69A, Section 115BBE applies the prescribed special tax rate. Search-related penalty under Section 271AAB(1A)(b) may be linked to an unexplained-cash addition arising from a search seizure. Case-Laws Income Tax Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799599