https://www.taxtmi.com/caselaws?id=787802 Dispute concerned additions treated as unexplained credit and consequential interest under section 68 and section 69C; Tribunal reviewed whether the assessee proved identity, creditworthiness and genuineness by bank statements, lender financials, ITRs, ledger confirmations and repayment evidence. Tribunal found the Assessing Officer relied primarily on an investigation report without independent inquiry and that documentary and repayment proof satisfied the statutory burden, so the appellate findings deleting the additions were upheld and the Revenue's appeal dismissed. en-us Mon, 09 Mar 2026 00:00:00 +0530 Thu, 12 Mar 2026 08:33:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787802 Dispute concerned additions treated as unexplained credit and consequential interest under section 68 and section 69C; Tribunal reviewed whether the assessee proved identity, creditworthiness and genuineness by bank statements, lender financials, ITRs, ledger confirmations and repayment evidence. Tribunal found the Assessing Officer relied primarily on an investigation report without independent inquiry and that documentary and repayment proof satisfied the statutory burden, so the appellate findings deleting the additions were upheld and the Revenue's appeal dismissed. Case-Laws Income Tax Mon, 09 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787802