https://www.taxtmi.com/caselaws?id=463205 A loan transaction supported by banking channels, repayment within the same financial year, tax deduction at source on interest, and no specific discrepancy in the evidence cannot be treated as unexplained cash credit, so the section 68 addition was deleted. Employees' contribution to PF and ESI must be tested against the statutory due date, including the applicable grace period; delayed deposit attracts disallowance, so the matter was remitted for verification of the actual deposit dates and allowed for statistical purposes. en-us Mon, 20 Feb 2023 00:00:00 +0530 Wed, 13 Aug 2025 19:00:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463205 A loan transaction supported by banking channels, repayment within the same financial year, tax deduction at source on interest, and no specific discrepancy in the evidence cannot be treated as unexplained cash credit, so the section 68 addition was deleted. Employees' contribution to PF and ESI must be tested against the statutory due date, including the applicable grace period; delayed deposit attracts disallowance, so the matter was remitted for verification of the actual deposit dates and allowed for statistical purposes. Case-Laws Income Tax Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463205