https://www.taxtmi.com/caselaws?id=778764 HC allowed the appeal, holding the addition for unexplained investments and loans was not justified. The AO ignored the opening balance and treated the full closing investment as unexplained, but the appellate authority and HC relied on balance-sheet schedules and public records showing sale of equity for Rs. 2.38 crore, reducing investment. The source of loans and advances was satisfactorily explained as proceeds from that sale and a fresh unsecured loan of Rs. 1.03 crore from related private companies, routed through banking channels and documented; the transactions were accepted and decision was in favour of the assessee. en-us Wed, 17 Sep 2025 00:00:00 +0530 Mon, 22 Sep 2025 08:33:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778764 HC allowed the appeal, holding the addition for unexplained investments and loans was not justified. The AO ignored the opening balance and treated the full closing investment as unexplained, but the appellate authority and HC relied on balance-sheet schedules and public records showing sale of equity for Rs. 2.38 crore, reducing investment. The source of loans and advances was satisfactorily explained as proceeds from that sale and a fresh unsecured loan of Rs. 1.03 crore from related private companies, routed through banking channels and documented; the transactions were accepted and decision was in favour of the assessee. Case-Laws Income Tax Wed, 17 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778764