https://www.taxtmi.com/caselaws?id=787601 Receipts routed through entities linked to an accommodation-entry provider were examined to determine whether they constituted unexplained cash credits or genuine sale proceeds; the appellate review prioritised ledger-bank reconciliation and documentary evidence and found no cash trail or corroboration that cheques were converted into cash, thereby rejecting full characterization as unexplained credits. Absent direct proof of accommodation entries, the appellate authority accepted the sales explanation but, as a protective measure for revenue, applied a limited addition by estimating a reasonable profit at 5%, sustaining a restricted addition. en-us Thu, 18 Dec 2025 00:00:00 +0530 Mon, 16 Mar 2026 11:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787601 Receipts routed through entities linked to an accommodation-entry provider were examined to determine whether they constituted unexplained cash credits or genuine sale proceeds; the appellate review prioritised ledger-bank reconciliation and documentary evidence and found no cash trail or corroboration that cheques were converted into cash, thereby rejecting full characterization as unexplained credits. Absent direct proof of accommodation entries, the appellate authority accepted the sales explanation but, as a protective measure for revenue, applied a limited addition by estimating a reasonable profit at 5%, sustaining a restricted addition. Case-Laws Income Tax Thu, 18 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787601