Tax Diary Entries Validated as Legitimate Accounting Evidence, Section 69A Additions Upheld for Comprehensive Financial Reconciliation

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....HC held that additions under Section 69A were valid based on seized diary notings. The entries in the diaries contained recordings of flat booking receipts, which were corroborated by reconciliation with formal accounting records. The court emphasized that diaries can qualify as books of accounts if they contain accounting information, particularly given the expansive definition under Section 2(12A). The fundamental premise that additions were made solely on standalone documents was rejected. The court noted that cash entries not reflected in software-based accounts could still be legitimate basis for tax assessment. Diary entries were not considered random documents but substantive evidence of financial transactions. No substantial legal question was found to merit further review.....