https://www.taxtmi.com/caselaws?id=792254 Unsecured loan credits are not assessable as unexplained money under section 69A where the assessee produces lender confirmation, PAN, bank statements, income-tax returns, balance sheet, ledger entries, compliance with section 133(6), and proof of repayment through banking channels. On these documents, the assessee discharged the initial burden by establishing the lender's identity, creditworthiness and the genuineness of the transactions, and the onus shifted to the Revenue to rebut the evidence with cogent material. In the absence of any material showing fictitious transactions, unexplained money, or an accommodation entry arrangement, the addition was deleted. en-us Wed, 22 Apr 2026 00:00:00 +0530 Tue, 26 May 2026 08:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792254 Unsecured loan credits are not assessable as unexplained money under section 69A where the assessee produces lender confirmation, PAN, bank statements, income-tax returns, balance sheet, ledger entries, compliance with section 133(6), and proof of repayment through banking channels. On these documents, the assessee discharged the initial burden by establishing the lender's identity, creditworthiness and the genuineness of the transactions, and the onus shifted to the Revenue to rebut the evidence with cogent material. In the absence of any material showing fictitious transactions, unexplained money, or an accommodation entry arrangement, the addition was deleted. Case-Laws Income Tax Wed, 22 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792254