Cash deposits to be treated as income if assessee didn’t produce material regarding source of deposits

INCOME TAX : Where assessee had failed to produce any material to authenticate his contention that cash deposits in his account were on account of sales being made by him from Kirana business, tax authorities were justified in making addition of unexplained cash entries in bank account in hands of assessee

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000193035/cash-deposits-to-be-treated-as-income-if-assessee-didn’t-produce-material-regarding-source-of-deposits.aspx