https://www.taxtmi.com/caselaws?id=791109 Section 69A could not be invoked to treat repayment of earlier-year loans as unexplained money where the loans had already been examined in scrutiny assessments, the repayments were recorded in audited books, and bank statements supported availability of funds. Allegations based on entry-operator statements were insufficient without cross-examination or corroborative material showing unexplained cash or a circular transaction. The addition was therefore unsustainable and was deleted. en-us Tue, 28 Apr 2026 00:00:00 +0530 Wed, 06 May 2026 08:32:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791109 Section 69A could not be invoked to treat repayment of earlier-year loans as unexplained money where the loans had already been examined in scrutiny assessments, the repayments were recorded in audited books, and bank statements supported availability of funds. Allegations based on entry-operator statements were insufficient without cross-examination or corroborative material showing unexplained cash or a circular transaction. The addition was therefore unsustainable and was deleted. Case-Laws Income Tax Tue, 28 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791109