https://www.taxtmi.com/caselaws?id=787923 Where lender records and bank statements relevant to unexplained cash credits were produced first before the appellate authority, the appellate authority must either direct production/examination or remit the matter to the assessing officer for verification; failure to afford verification warrants remand for limited checking of identity, genuineness and creditworthiness of lenders. Accordingly, the appellate deletion of the addition under unexplained cash credits was set aside to the extent necessary and remitted for confined verification of the newly filed documents, while the proportionate disallowance of interest on interest-free advances was deleted as unsupported by evidence of diversion or non-business use. en-us Fri, 13 Feb 2026 00:00:00 +0530 Sat, 14 Mar 2026 08:36:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787923 Where lender records and bank statements relevant to unexplained cash credits were produced first before the appellate authority, the appellate authority must either direct production/examination or remit the matter to the assessing officer for verification; failure to afford verification warrants remand for limited checking of identity, genuineness and creditworthiness of lenders. Accordingly, the appellate deletion of the addition under unexplained cash credits was set aside to the extent necessary and remitted for confined verification of the newly filed documents, while the proportionate disallowance of interest on interest-free advances was deleted as unsupported by evidence of diversion or non-business use. Case-Laws Income Tax Fri, 13 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787923