https://www.taxtmi.com/caselaws?id=786485 Whether unsecured loans totaling Rs. 2.46 crores from four specified lender companies were genuine was determined by applying the assessee's onus to prove identity, creditworthiness and genuineness of creditors. Documentary evidence-account confirmations, lender bank statements, audited financials, ITRs and section 133(6) responses-together with actual fund flows through banking channels and a coordinate-bench finding were held sufficient to rebut suspicion arising from search materials. Consequently the loans were treated as genuine and additions under the unexplained credits doctrine were disallowed, with related assessments set aside. en-us Fri, 06 Feb 2026 00:00:00 +0530 Fri, 13 Feb 2026 09:18:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786485 Whether unsecured loans totaling Rs. 2.46 crores from four specified lender companies were genuine was determined by applying the assessee's onus to prove identity, creditworthiness and genuineness of creditors. Documentary evidence-account confirmations, lender bank statements, audited financials, ITRs and section 133(6) responses-together with actual fund flows through banking channels and a coordinate-bench finding were held sufficient to rebut suspicion arising from search materials. Consequently the loans were treated as genuine and additions under the unexplained credits doctrine were disallowed, with related assessments set aside. Case-Laws Income Tax Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786485