https://www.taxtmi.com/caselaws?id=792556 An addition under section 69A based on alleged accommodation entries and bogus capital gains was unsustainable where the record showed no specific material linking the assessee to the alleged entry provider or any corroborative evidence of unexplained money. General investigation inputs, without identification of the relevant transactions, scrips, dates, routing of funds, or matching credit entries in the assessee's bank statements, were insufficient. The share transactions reflected only a nominal short-term capital gain already offered to tax, and no independent inquiry established that unrecorded money was introduced as capital gains. The deletion of the addition was therefore upheld. en-us Fri, 24 Apr 2026 00:00:00 +0530 Sat, 30 May 2026 08:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792556 An addition under section 69A based on alleged accommodation entries and bogus capital gains was unsustainable where the record showed no specific material linking the assessee to the alleged entry provider or any corroborative evidence of unexplained money. General investigation inputs, without identification of the relevant transactions, scrips, dates, routing of funds, or matching credit entries in the assessee's bank statements, were insufficient. The share transactions reflected only a nominal short-term capital gain already offered to tax, and no independent inquiry established that unrecorded money was introduced as capital gains. The deletion of the addition was therefore upheld. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792556