https://www.taxtmi.com/caselaws?id=800096 Rule 46A permits admission of material additional evidence on creditor balances, subject to verification before determining unexplained cash-credit additions. Agricultural income exemption requires proof of agricultural land, operations, receipts and related expenditure; absent adequate particulars, the character of the income requires factual verification. Rebate and discount claims require verification of confirmations and underlying transactions. Whether a reduction in share application money constitutes a refund or a transfer depends on whether shares were allotted, affecting capital-gain treatment. Estimated agricultural expenditure must address explanations regarding prior plantation costs and current maintenance spending. Unsupported agricultural expenditure requires sale bills, evidence of agricultural land use and expense vouchers. en-us Fri, 18 Sep 2026 00:00:00 +0530 Thu, 01 Oct 2026 07:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800096 Rule 46A permits admission of material additional evidence on creditor balances, subject to verification before determining unexplained cash-credit additions. Agricultural income exemption requires proof of agricultural land, operations, receipts and related expenditure; absent adequate particulars, the character of the income requires factual verification. Rebate and discount claims require verification of confirmations and underlying transactions. Whether a reduction in share application money constitutes a refund or a transfer depends on whether shares were allotted, affecting capital-gain treatment. Estimated agricultural expenditure must address explanations regarding prior plantation costs and current maintenance spending. Unsupported agricultural expenditure requires sale bills, evidence of agricultural land use and expense vouchers. Case-Laws Income Tax Fri, 18 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800096