https://www.taxtmi.com/caselaws?id=787862 Whether receipts of Rs. 2,00,38,060 were accommodation entries or genuine sale consideration was decided by ITAT, which found Revenue failed to discharge its burden to negate contemporaneous documentary evidence. The assessee produced invoices, GST/VAT records, dispatch proofs, bank credits and confirmations showing inclusion in audited returns; Revenue made additions without independent enquiries or summons to the cooperative society. The Tribunal held the receipts were genuine sale consideration, not accommodation entries, and deleted the addition under section 68. en-us Fri, 13 Feb 2026 00:00:00 +0530 Fri, 13 Mar 2026 08:36:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787862 Whether receipts of Rs. 2,00,38,060 were accommodation entries or genuine sale consideration was decided by ITAT, which found Revenue failed to discharge its burden to negate contemporaneous documentary evidence. The assessee produced invoices, GST/VAT records, dispatch proofs, bank credits and confirmations showing inclusion in audited returns; Revenue made additions without independent enquiries or summons to the cooperative society. The Tribunal held the receipts were genuine sale consideration, not accommodation entries, and deleted the addition under section 68. Case-Laws Income Tax Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787862