https://www.taxtmi.com/caselaws?id=799849 Cash-balance additions based solely on the difference between opening and closing cash are unsustainable where the opening balance is carried forward from audited accounts, the books remain unrejected, and no individual cash receipt or payment is identified as unexplained. Brought-forward cash is not a fresh credit or receipt of the relevant year unless material establishes that it did not exist or represents current-year income. In the absence of false or unverifiable cash-book entries, the cash-balance addition was deleted. en-us Thu, 17 Sep 2026 00:00:00 +0530 Mon, 28 Sep 2026 08:12:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799849 Cash-balance additions based solely on the difference between opening and closing cash are unsustainable where the opening balance is carried forward from audited accounts, the books remain unrejected, and no individual cash receipt or payment is identified as unexplained. Brought-forward cash is not a fresh credit or receipt of the relevant year unless material establishes that it did not exist or represents current-year income. In the absence of false or unverifiable cash-book entries, the cash-balance addition was deleted. Case-Laws Income Tax Thu, 17 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799849