https://www.taxtmi.com/caselaws?id=467470 Whether an addition as unexplained cash credit/loan should stand where prior coordinate-bench precedent on substantially similar facts held the lender was not a paper or shell company; the parties conceded coverage by those precedents and the assessee withdrew certain grounds. Applying the covered-matter principle, the tribunal held that loans/credits from the identified company could not be treated as unexplained cash credit and therefore deleted the addition, allowing the appeal. en-us Tue, 24 Jun 2025 00:00:00 +0530 Thu, 19 Mar 2026 16:42:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467470 Whether an addition as unexplained cash credit/loan should stand where prior coordinate-bench precedent on substantially similar facts held the lender was not a paper or shell company; the parties conceded coverage by those precedents and the assessee withdrew certain grounds. Applying the covered-matter principle, the tribunal held that loans/credits from the identified company could not be treated as unexplained cash credit and therefore deleted the addition, allowing the appeal. Case-Laws Income Tax Tue, 24 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467470