After holding cash receipts/payments as unexplained, ad-hoc addition can not be made – HC
October 21, 2026
High Courts, Income Tax
After holding that the cash receipts and cash payments are unexplained, ad-hoc estimation of income can not be adopted – High Court In a recent judgment, Hon’ble High Court has held that ITAT after holding that the cash receipts and cash payments are unexplained, can not, adopt an …