https://www.taxtmi.com/caselaws?id=248068 Documentary evidence showing entry tax payment through account records, diesel bills and challans supported deletion of the disallowance because the Revenue did not rebut the factual findings. Partners' capital introduction was also accepted where cash deposits were preceded by corresponding withdrawals and confirmations explained the sequence, so the addition was deleted. By contrast, unsecured loan credits were remanded for fresh examination because cash deposits in creditors' bank accounts shortly before issuing cheques raised doubts about creditworthiness and genuineness, requiring further verification by the Assessing Officer. en-us Mon, 28 Apr 2014 00:00:00 +0530 Sat, 31 May 2014 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248068 Documentary evidence showing entry tax payment through account records, diesel bills and challans supported deletion of the disallowance because the Revenue did not rebut the factual findings. Partners' capital introduction was also accepted where cash deposits were preceded by corresponding withdrawals and confirmations explained the sequence, so the addition was deleted. By contrast, unsecured loan credits were remanded for fresh examination because cash deposits in creditors' bank accounts shortly before issuing cheques raised doubts about creditworthiness and genuineness, requiring further verification by the Assessing Officer. Case-Laws Income Tax Mon, 28 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248068