https://www.taxtmi.com/caselaws?id=787614 Section 68 additions for alleged accommodation entries require the assessee to establish identity, genuineness and source through reliable contemporaneous evidence. Confirmations, tax-return acknowledgments, bank statements, invoices, transport records, VAT returns, stock records and books may discharge that burden where they remain uncontroverted. Cash-deposit additions during demonetisation require examination of cash books, bank statements, cash availability, turnover and audited accounts; arbitrary averaging without identified discrepancies in stock, sales or purchases is insufficient. Rule 46A does not apply where the appellate authority relies only on material already furnished to the Assessing Officer. Suspicion alone cannot sustain an addition when books are not rejected and documentary evidence is not disproved. en-us Fri, 23 Jan 2026 00:00:00 +0530 Tue, 10 Mar 2026 08:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787614 Section 68 additions for alleged accommodation entries require the assessee to establish identity, genuineness and source through reliable contemporaneous evidence. Confirmations, tax-return acknowledgments, bank statements, invoices, transport records, VAT returns, stock records and books may discharge that burden where they remain uncontroverted. Cash-deposit additions during demonetisation require examination of cash books, bank statements, cash availability, turnover and audited accounts; arbitrary averaging without identified discrepancies in stock, sales or purchases is insufficient. Rule 46A does not apply where the appellate authority relies only on material already furnished to the Assessing Officer. Suspicion alone cannot sustain an addition when books are not rejected and documentary evidence is not disproved. Case-Laws Income Tax Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787614