https://www.taxtmi.com/caselaws?id=800088 Section 69C does not support an unexplained-expenditure or ad hoc profit addition where recorded purchases, banking payments and corresponding sales are supported by invoices, ledgers, GST material and e-way bills, absent specific accounting defects or evidence of additional profit. Enhancement under section 69A requires prior reasonable opportunity under section 251(2) and evidence that the taxpayer owned unrecorded money or assets. Unauthenticated WhatsApp material from an employee's device, without corroboration, and rebuttable search presumptions do not by themselves establish such ownership. Staff welfare, worker accommodation and vehicle expenditure qualify under section 37 when evidence shows a wholly and exclusively business purpose and no identified personal use. en-us Mon, 31 Aug 2026 00:00:00 +0530 Thu, 01 Oct 2026 07:40:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800088 Section 69C does not support an unexplained-expenditure or ad hoc profit addition where recorded purchases, banking payments and corresponding sales are supported by invoices, ledgers, GST material and e-way bills, absent specific accounting defects or evidence of additional profit. Enhancement under section 69A requires prior reasonable opportunity under section 251(2) and evidence that the taxpayer owned unrecorded money or assets. Unauthenticated WhatsApp material from an employee's device, without corroboration, and rebuttable search presumptions do not by themselves establish such ownership. Staff welfare, worker accommodation and vehicle expenditure qualify under section 37 when evidence shows a wholly and exclusively business purpose and no identified personal use. Case-Laws Income Tax Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800088