https://www.taxtmi.com/caselaws?id=469144 Additions for alleged cash loans and interest were deleted because the assessment rested mainly on Investigation Wing information, seized ledger material and third-party statements, but no direct evidence linked the assessee to the cash transactions. The statement of the person said to have handled the dealings was also conflicting, and the record disclosed no new material warranting departure from an earlier co-ordinate Bench view on substantially similar facts. The same reasoning was applied to the repayment-related issue, and the assessee obtained full relief. en-us Mon, 01 Nov 2021 00:00:00 +0530 Thu, 04 Jun 2026 16:41:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469144 Additions for alleged cash loans and interest were deleted because the assessment rested mainly on Investigation Wing information, seized ledger material and third-party statements, but no direct evidence linked the assessee to the cash transactions. The statement of the person said to have handled the dealings was also conflicting, and the record disclosed no new material warranting departure from an earlier co-ordinate Bench view on substantially similar facts. The same reasoning was applied to the repayment-related issue, and the assessee obtained full relief. Case-Laws Income Tax Mon, 01 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469144