https://www.taxtmi.com/caselaws?id=792831 Unexplained investment addition was found unsustainable where the assessee supported cash and banking-channel payments with affidavits and bank records, and showed that the booking transaction was later cancelled. The record bifurcated the disputed amount and indicated that the payments were either routed through family members or reversed after cancellation. On those facts, the addition could not be maintained under section 69 read with section 115BBE of the Income-tax Act, 1961, and relief was granted to the assessee. en-us Fri, 15 May 2026 00:00:00 +0530 Wed, 03 Jun 2026 13:12:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792831 Unexplained investment addition was found unsustainable where the assessee supported cash and banking-channel payments with affidavits and bank records, and showed that the booking transaction was later cancelled. The record bifurcated the disputed amount and indicated that the payments were either routed through family members or reversed after cancellation. On those facts, the addition could not be maintained under section 69 read with section 115BBE of the Income-tax Act, 1961, and relief was granted to the assessee. Case-Laws Income Tax Fri, 15 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792831