https://www.taxtmi.com/caselaws?id=784662 In a challenge to deletion of additions for unexplained cash credits/unsecured loans under s.68 of the Income-tax Act, the SC considered whether the assessee's onus to establish identity, creditworthiness, and genuineness raised any substantial question warranting interference. Holding that the matter did not merit exercise of discretionary jurisdiction under Art. 136 and finding no basis to disturb the HC's affirmation of the ITAT's order setting aside the first appellate authority's confirmation of the addition, the SC dismissed the petition, leaving the ITAT's deletion of the s.68 addition undisturbed. en-us Wed, 07 Jan 2026 00:00:00 +0530 Mon, 13 Jul 2026 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784662 In a challenge to deletion of additions for unexplained cash credits/unsecured loans under s.68 of the Income-tax Act, the SC considered whether the assessee's onus to establish identity, creditworthiness, and genuineness raised any substantial question warranting interference. Holding that the matter did not merit exercise of discretionary jurisdiction under Art. 136 and finding no basis to disturb the HC's affirmation of the ITAT's order setting aside the first appellate authority's confirmation of the addition, the SC dismissed the petition, leaving the ITAT's deletion of the s.68 addition undisturbed. Case-Laws Income Tax Wed, 07 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784662