https://www.taxtmi.com/caselaws?id=213267 The Court upheld the addition of unsecured loans under Section 68 of the Income Tax Act, 1961, finding discrepancies in the sources of funds and insufficient explanations from the appellant's wife and cousin. The appellant's arguments were dismissed, with the Court affirming the lower authorities' decisions that the unexplained cash credits were the appellant's own funds introduced as loans. The Court concluded that no substantial question of law arose, dismissing the appeal based on different factual scenarios in cited judgments. en-us Tue, 28 Sep 2010 00:00:00 +0530 Sat, 28 Apr 2012 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213267 The Court upheld the addition of unsecured loans under Section 68 of the Income Tax Act, 1961, finding discrepancies in the sources of funds and insufficient explanations from the appellant's wife and cousin. The appellant's arguments were dismissed, with the Court affirming the lower authorities' decisions that the unexplained cash credits were the appellant's own funds introduced as loans. The Court concluded that no substantial question of law arose, dismissing the appeal based on different factual scenarios in cited judgments. Case-Laws Income Tax Tue, 28 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213267