https://www.taxtmi.com/caselaws?id=467918 Share transactions supported by broker bills, bank statements, demat records and transaction statements cannot be treated as unexplained money under Section 69A read with Section 115BBE where the dealings are routed through regular banking and market channels and no direct link is proved between the assessee and any accommodation entry or bogus receipt. SEBI findings concerning the scrip, without more, do not establish the assessee's specific involvement in manipulation. An addition for alleged undisclosed commission expenditure under Section 69C also fails unless the Revenue independently proves that such expenditure was actually incurred; brokerage reflected through the broker does not by itself justify a separate commission disallowance. en-us Fri, 14 Feb 2025 00:00:00 +0530 Wed, 08 Apr 2026 20:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467918 Share transactions supported by broker bills, bank statements, demat records and transaction statements cannot be treated as unexplained money under Section 69A read with Section 115BBE where the dealings are routed through regular banking and market channels and no direct link is proved between the assessee and any accommodation entry or bogus receipt. SEBI findings concerning the scrip, without more, do not establish the assessee's specific involvement in manipulation. An addition for alleged undisclosed commission expenditure under Section 69C also fails unless the Revenue independently proves that such expenditure was actually incurred; brokerage reflected through the broker does not by itself justify a separate commission disallowance. Case-Laws Income Tax Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467918