https://www.taxtmi.com/caselaws?id=467406 Assessee discharged the initial onus for unexplained cash credits by producing documentary and bank evidence tracing funds to gifts, loans and sales; absent independent rebuttal by the revenue, the addition under Section 68 was deleted. For undervaluation versus stamp duty value, one transaction fell within recognized tolerance and was deleted while the larger variance was restored to the Assessing Officer for factual verification. Declared agricultural income was not finally decided; the Tribunal allowed the ground for statistical purposes and remitted verification of documentary proof to the Assessing Officer. en-us Mon, 17 Mar 2025 00:00:00 +0530 Tue, 17 Mar 2026 14:12:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467406 Assessee discharged the initial onus for unexplained cash credits by producing documentary and bank evidence tracing funds to gifts, loans and sales; absent independent rebuttal by the revenue, the addition under Section 68 was deleted. For undervaluation versus stamp duty value, one transaction fell within recognized tolerance and was deleted while the larger variance was restored to the Assessing Officer for factual verification. Declared agricultural income was not finally decided; the Tribunal allowed the ground for statistical purposes and remitted verification of documentary proof to the Assessing Officer. Case-Laws Income Tax Mon, 17 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467406