https://www.taxtmi.com/caselaws?id=799807 Rental advances already offered to tax in subsequent years should not be taxed again in an earlier year where bank reconciliation establishes lower actual receipts, applying accrual, real-income and anti-double-taxation principles. Appellate enhancement may address an issue or source considered in assessment but cannot introduce a new source of income, such as sale consideration not examined during assessment. Money recorded in books and supported by confirmations, ledgers, PAN details and banking records cannot be treated as unexplained under Section 69A once identity, genuineness and creditworthiness are established. Carried-forward loans, advances, investments, cash deposits and bank transfers remain explained where financial records establish their source and no contrary material is produced. en-us Mon, 02 Mar 2026 00:00:00 +0530 Sat, 26 Sep 2026 11:25:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799807 Rental advances already offered to tax in subsequent years should not be taxed again in an earlier year where bank reconciliation establishes lower actual receipts, applying accrual, real-income and anti-double-taxation principles. Appellate enhancement may address an issue or source considered in assessment but cannot introduce a new source of income, such as sale consideration not examined during assessment. Money recorded in books and supported by confirmations, ledgers, PAN details and banking records cannot be treated as unexplained under Section 69A once identity, genuineness and creditworthiness are established. Carried-forward loans, advances, investments, cash deposits and bank transfers remain explained where financial records establish their source and no contrary material is produced. Case-Laws Income Tax Mon, 02 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799807