https://www.taxtmi.com/caselaws?id=467921 Loan credits received from two group companies were examined under section 68 read with section 115BBE, and the Tribunal held that they could not be taxed as unexplained cash credits on the record before it. It followed its earlier coordinate-bench decisions involving the same group concerns and applied the same reasoning to the present facts. The addition was therefore deleted and the assessee's explanation for the credits was accepted. en-us Thu, 16 Oct 2025 00:00:00 +0530 Wed, 08 Apr 2026 20:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467921 Loan credits received from two group companies were examined under section 68 read with section 115BBE, and the Tribunal held that they could not be taxed as unexplained cash credits on the record before it. It followed its earlier coordinate-bench decisions involving the same group concerns and applied the same reasoning to the present facts. The addition was therefore deleted and the assessee's explanation for the credits was accepted. Case-Laws Income Tax Thu, 16 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467921