https://www.taxtmi.com/caselaws?id=472634 Cash found during a search remains unexplained money where the assessee attributes it to relatives but they cannot substantiate its source. Claims by the mother and wife required independent support, such as bank withdrawals, disclosed earnings, or other cogent material. Confirmations and affidavits alone did not establish ownership or the source of the cash. The addition for unexplained money was therefore sustained against the assessee. en-us Mon, 24 Jul 2023 00:00:00 +0530 Mon, 19 Oct 2026 15:07:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472634 Cash found during a search remains unexplained money where the assessee attributes it to relatives but they cannot substantiate its source. Claims by the mother and wife required independent support, such as bank withdrawals, disclosed earnings, or other cogent material. Confirmations and affidavits alone did not establish ownership or the source of the cash. The addition for unexplained money was therefore sustained against the assessee. Case-Laws Income Tax Mon, 24 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472634