The Telangana High Court has held that principles governing cash credit cannot be extended to unexplained investments. The appellant, Kishan Kothwal submitted that he had deposited only Rs.10 lakhs during the demonetization period and not Rs.13,16,304.00). Verification of the bank account statement showed the deposit of cash of Rs.10 lakhs on 12.11.2016 in addition to…
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