Court Requires Concrete Evidence for Undisclosed Cash Payments in Tax Case; Mere Ledger Entries Insufficient.

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....Addition for undisclosed cash payments - Merely because the payments made by cheque appearing in the ledger copy and actually made by the assessee tallied, it cannot lead to the conclusion that the assessee has also made the cash payments. More so, when from the very beginning the assessee has vehemently denied of having made the cash payments. - AT....