https://www.taxtmi.com/caselaws?id=788115 Dispute concerned characterization of alleged cash credits under Section 68 and whether requisites - identity of lender, creditworthiness and genuineness of transactions - were satisfied. Tribunal applied those statutory requisites, examined confirmations and supporting documents, and followed prior Tribunal decisions finding the counterparties were not paper/shell companies. On that basis the Tribunal concluded the addition could not be treated as unexplained cash credit and the assessment/appellate orders sustaining the addition were set aside in favour of the taxpayer. en-us Thu, 19 Feb 2026 00:00:00 +0530 Tue, 17 Mar 2026 08:23:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788115 Dispute concerned characterization of alleged cash credits under Section 68 and whether requisites - identity of lender, creditworthiness and genuineness of transactions - were satisfied. Tribunal applied those statutory requisites, examined confirmations and supporting documents, and followed prior Tribunal decisions finding the counterparties were not paper/shell companies. On that basis the Tribunal concluded the addition could not be treated as unexplained cash credit and the assessment/appellate orders sustaining the addition were set aside in favour of the taxpayer. Case-Laws Income Tax Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788115