https://www.taxtmi.com/caselaws?id=472230 Documented cash purchases of fruits supported by ledger accounts, sale invoices and bank-account extracts constitute explained business expenditure where the supplier dealings are regular, and corresponding receipts and transactions have been disclosed. Failure to give due cognisance to this evidence cannot sustain an addition for unexplained expenditure under Section 69C. The expenditure is treated as arising from disclosed business transactions rather than unexplained spending. en-us Thu, 17 Apr 2025 00:00:00 +0530 Mon, 05 Oct 2026 19:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472230 Documented cash purchases of fruits supported by ledger accounts, sale invoices and bank-account extracts constitute explained business expenditure where the supplier dealings are regular, and corresponding receipts and transactions have been disclosed. Failure to give due cognisance to this evidence cannot sustain an addition for unexplained expenditure under Section 69C. The expenditure is treated as arising from disclosed business transactions rather than unexplained spending. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472230