https://www.taxtmi.com/caselaws?id=790546 Cash payment towards credit card dues was examined under section 69A on the basis of the assessee's claim that the funds came from family members. Affidavits, income-tax returns and bank statements of the father, mother and wife showed independent income and regular banking activity, so the explanation was accepted to a limited extent on the facts. However, the evidence did not support the full cash amount claimed as gifts, and the balance was treated as unexplained. The addition was therefore deleted only in part and sustained for the remaining amount. en-us Mon, 06 Apr 2026 00:00:00 +0530 Mon, 27 Apr 2026 08:21:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790546 Cash payment towards credit card dues was examined under section 69A on the basis of the assessee's claim that the funds came from family members. Affidavits, income-tax returns and bank statements of the father, mother and wife showed independent income and regular banking activity, so the explanation was accepted to a limited extent on the facts. However, the evidence did not support the full cash amount claimed as gifts, and the balance was treated as unexplained. The addition was therefore deleted only in part and sustained for the remaining amount. Case-Laws Income Tax Mon, 06 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790546