Electronic WhatsApp evidence without authentication or independent corroboration cannot sustain an unexplained-investment addition based on third-part...
Mutual current-account transactions excluded from deemed dividend treatment where no fresh borrowing arose; unsupported unsecured-loan addition also f...
Unexplained cash credit u/s 68 - revenue have not disputed about the creditworthiness and identity of cash creditor nor genuineness is in doubt - merely for entering the transaction in March, 2011 and the cheque getting cleared in August 2011 cannot be a reasonable basis to treat the loan amount as unexplained because the validity of cheque was for 6 months at that point of time
Unexplained cash credit u/s 68 - revenue have not disputed about the creditworthiness and identity of cash creditor nor genuineness is in doubt - merely for entering the transaction in March, 2011 and the cheque getting cleared in August 2011 cannot be a reasonable basis to treat the loan amount as unexplained because the validity of cheque was for 6 months at that point of time
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