https://www.taxtmi.com/caselaws?id=787614 The note addresses deletions of additions under section 68 where the assessee produced contemporaneous confirmations, tax returns, bank statements, invoices, transport documents and books of account that were not specifically controverted; applying the principle that the assessee must prove identity, genuineness and source, the available documentary evidence satisfied the onus and the large addition for alleged accommodation entries was deleted. Similarly, cash deposits during demonetisation were supported by cashbooks and turnover details, rendering the AO's averaging arbitrary and the addition unsustainable. Admission of evidence was held compliant where documents were already on record and not new material. 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 The note addresses deletions of additions under section 68 where the assessee produced contemporaneous confirmations, tax returns, bank statements, invoices, transport documents and books of account that were not specifically controverted; applying the principle that the assessee must prove identity, genuineness and source, the available documentary evidence satisfied the onus and the large addition for alleged accommodation entries was deleted. Similarly, cash deposits during demonetisation were supported by cashbooks and turnover details, rendering the AO's averaging arbitrary and the addition unsustainable. Admission of evidence was held compliant where documents were already on record and not new material. Case-Laws Income Tax Fri, 23 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787614