https://www.taxtmi.com/caselaws?id=789387 Credit card payments were alleged to be unexplained expenditure under section 69C, but the assessee supported the payments with affidavits from friends and relatives, together with PAN and Aadhaar details. The material showed that the card was used for their personal expenses and that cash had been returned to the assessee for making the payments. On that evidentiary basis, the source of the payments was treated as explained and the addition as unexplained expenditure was rebutted. The addition under section 69C was deleted. en-us Fri, 27 Feb 2026 00:00:00 +0530 Wed, 08 Apr 2026 08:56:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789387 Credit card payments were alleged to be unexplained expenditure under section 69C, but the assessee supported the payments with affidavits from friends and relatives, together with PAN and Aadhaar details. The material showed that the card was used for their personal expenses and that cash had been returned to the assessee for making the payments. On that evidentiary basis, the source of the payments was treated as explained and the addition as unexplained expenditure was rebutted. The addition under section 69C was deleted. Case-Laws Income Tax Fri, 27 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789387