https://www.taxtmi.com/caselaws?id=792352 Section 69A could not be invoked for unsecured loan transactions routed through banking channels and recorded in the assessee's books, because the statutory condition of ownership of unrecorded money was not satisfied. Even on the Revenue's case of an accommodation structure, the source traced to funds advanced by the assessee, so the amount was not "money" found outside the books. The addition was therefore deleted. en-us Fri, 22 May 2026 00:00:00 +0530 Wed, 27 May 2026 07:29:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792352 Section 69A could not be invoked for unsecured loan transactions routed through banking channels and recorded in the assessee's books, because the statutory condition of ownership of unrecorded money was not satisfied. Even on the Revenue's case of an accommodation structure, the source traced to funds advanced by the assessee, so the amount was not "money" found outside the books. The addition was therefore deleted. Case-Laws Income Tax Fri, 22 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792352