https://www.taxtmi.com/caselaws?id=791539 Unexplained-money addition could not be sustained where the assessee supported the loan transaction with income-tax returns, audited financial statements, confirmations and bank statements, and also repaid the principal with interest in the same year. Reliance on a third-party statement without granting the assessee requested cross-examination offended natural justice, and that evidentiary defect undermined the addition. Minor discrepancies in address details were treated as insufficient to override the documentary trail and the repayment record. The addition was therefore deleted in favour of the assessee. en-us Mon, 11 May 2026 00:00:00 +0530 Wed, 13 May 2026 08:36:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791539 Unexplained-money addition could not be sustained where the assessee supported the loan transaction with income-tax returns, audited financial statements, confirmations and bank statements, and also repaid the principal with interest in the same year. Reliance on a third-party statement without granting the assessee requested cross-examination offended natural justice, and that evidentiary defect undermined the addition. Minor discrepancies in address details were treated as insufficient to override the documentary trail and the repayment record. The addition was therefore deleted in favour of the assessee. Case-Laws Income Tax Mon, 11 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791539