https://www.taxtmi.com/caselaws?id=152315 Addition under Section 68 concerning unexplained cash credit turned on whether documentary materials proved identity of creditors and linkage to future sales. The appellate fact finding that confirmatory statements, invoices, challans and vouchers established advances against supply was binding and should not have been ignored; the tribunals reliance on an unrelated order-sheet entry without addressing this evidence was improper. Consequentially the tribunals order was set aside and the appeal allowed, reaffirming that documentary proof of transactions can discharge the requirement to identify creditors and show bona fide receipt of cash credits. en-us Thu, 29 Jul 2010 00:00:00 +0530 Fri, 30 Jan 2026 11:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152315 Addition under Section 68 concerning unexplained cash credit turned on whether documentary materials proved identity of creditors and linkage to future sales. The appellate fact finding that confirmatory statements, invoices, challans and vouchers established advances against supply was binding and should not have been ignored; the tribunals reliance on an unrelated order-sheet entry without addressing this evidence was improper. Consequentially the tribunals order was set aside and the appeal allowed, reaffirming that documentary proof of transactions can discharge the requirement to identify creditors and show bona fide receipt of cash credits. Case-Laws Income Tax Thu, 29 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152315