https://www.taxtmi.com/caselaws?id=390904 Assessment under section 153A concerned allegation of generation of unaccounted money and its purported conversion into share capital as an accommodation entry; the reliance on third-party statements was central to the challenge. The appellate authorities CIT(A) and ITAT found the additions unsustainable and deleted them on evidentiary grounds, and the special leave petition seeking interference was dismissed by the SC, leaving the deletions intact. en-us Wed, 11 Sep 2019 00:00:00 +0530 Tue, 30 Jun 2026 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390904 Assessment under section 153A concerned allegation of generation of unaccounted money and its purported conversion into share capital as an accommodation entry; the reliance on third-party statements was central to the challenge. The appellate authorities CIT(A) and ITAT found the additions unsustainable and deleted them on evidentiary grounds, and the special leave petition seeking interference was dismissed by the SC, leaving the deletions intact. Case-Laws Income Tax Wed, 11 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390904