https://www.taxtmi.com/caselaws?id=467920 A credit entry could not be treated as unexplained cash credit under section 68, and the related interest disallowance also failed, where the issue was already covered by coordinate bench decisions involving the same beneficiary entity and the same line of transactions. Following those earlier decisions, the Tribunal accepted that the underlying transaction was not a paper or shell arrangement and therefore the alleged accommodation entry could not sustain the additions. The resulting section 68 addition and consequential interest disallowance were deleted, and the assessee obtained relief. en-us Fri, 10 Oct 2025 00:00:00 +0530 Wed, 08 Apr 2026 20:27:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467920 A credit entry could not be treated as unexplained cash credit under section 68, and the related interest disallowance also failed, where the issue was already covered by coordinate bench decisions involving the same beneficiary entity and the same line of transactions. Following those earlier decisions, the Tribunal accepted that the underlying transaction was not a paper or shell arrangement and therefore the alleged accommodation entry could not sustain the additions. The resulting section 68 addition and consequential interest disallowance were deleted, and the assessee obtained relief. Case-Laws Income Tax Fri, 10 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467920