https://www.taxtmi.com/caselaws?id=59223 An addition for alleged hawala commission is unsustainable where the assessee's regular books, quantitative stock records, purchase and sale documents, bank entries, octroi papers and transport evidence support the transactions, and sales are received through account-payee cheques. Suspicion, conjecture, and the non-traceability of some purchaser parties are insufficient without tangible material proving that the assessee actually received commission or adopted a colourable device. Where the Revenue fails to establish a direct nexus between the primary facts and the alleged undisclosed income, the addition cannot be upheld and is liable to be deleted. en-us Tue, 31 Aug 2004 00:00:00 +0530 Thu, 04 Jul 2024 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59223 An addition for alleged hawala commission is unsustainable where the assessee's regular books, quantitative stock records, purchase and sale documents, bank entries, octroi papers and transport evidence support the transactions, and sales are received through account-payee cheques. Suspicion, conjecture, and the non-traceability of some purchaser parties are insufficient without tangible material proving that the assessee actually received commission or adopted a colourable device. Where the Revenue fails to establish a direct nexus between the primary facts and the alleged undisclosed income, the addition cannot be upheld and is liable to be deleted. Case-Laws Income Tax Tue, 31 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59223