https://www.taxtmi.com/highlights?id=104988 Unaccounted mobile-accessories turnover may be assessed only for its profit element where purchases and business expenditure are inherent but exact computation is unavailable; the profit addition was limited to 5%, subject to removing overlap. Separate additions for cash salaries and supplier payments were treated as duplicative once trading profit was estimated. Property-booking cash additions required purchaser-specific proof of actual payment; uncorroborated booking sheets, cancellations and lack of recipient confirmation did not establish investment. Cash at company premises was not attributable individually where accounted company cash and business realisations explained it. Physical stock was limited to 5% of the valuation difference after excluding book stock and duplicated sales profit. en-us Thu, 15 Oct 2026 05:44:05 +0530 Thu, 15 Oct 2026 05:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=104988 Unaccounted mobile-accessories turnover may be assessed only for its profit element where purchases and business expenditure are inherent but exact computation is unavailable; the profit addition was limited to 5%, subject to removing overlap. Separate additions for cash salaries and supplier payments were treated as duplicative once trading profit was estimated. Property-booking cash additions required purchaser-specific proof of actual payment; uncorroborated booking sheets, cancellations and lack of recipient confirmation did not establish investment. Cash at company premises was not attributable individually where accounted company cash and business realisations explained it. Physical stock was limited to 5% of the valuation difference after excluding book stock and duplicated sales profit. Highlights Income Tax Thu, 15 Oct 2026 05:44:05 +0530 https://www.taxtmi.com/highlights?id=104988