https://www.taxtmi.com/caselaws?id=467472 Whether additions treated as unexplained cash credit in respect of unsecured loans were justified: Tribunal held that the assessee discharged the primary onus by producing documents establishing the identity and creditworthiness of lenders and the genuineness of loans, and applied bench consistency where identical loans were earlier accepted; Revenue reliance on third party statements alleging shell companies was found insufficient to rebut the documentary proof. Outcome: the addition is deleted and the appeal is allowed in favour of the assessee. en-us Tue, 03 Feb 2026 00:00:00 +0530 Thu, 19 Mar 2026 19:02:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467472 Whether additions treated as unexplained cash credit in respect of unsecured loans were justified: Tribunal held that the assessee discharged the primary onus by producing documents establishing the identity and creditworthiness of lenders and the genuineness of loans, and applied bench consistency where identical loans were earlier accepted; Revenue reliance on third party statements alleging shell companies was found insufficient to rebut the documentary proof. Outcome: the addition is deleted and the appeal is allowed in favour of the assessee. Case-Laws Income Tax Tue, 03 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467472