https://www.taxtmi.com/caselaws?id=793469 Accommodation-entry loan credits can be treated as unexplained cash credits under section 68 where surrounding material shows a shell-entity routing arrangement and the assessee is identified as a beneficiary. Repayment through banking channels, including partial repayment during the year, does not cure the original non-genuine character of the credit. On that basis, the principal addition was sustained, and the related additions for interest and estimated commission also remained allowable as consequential to the same unexplained credit. en-us Wed, 25 Mar 2026 00:00:00 +0530 Wed, 17 Jun 2026 07:46:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793469 Accommodation-entry loan credits can be treated as unexplained cash credits under section 68 where surrounding material shows a shell-entity routing arrangement and the assessee is identified as a beneficiary. Repayment through banking channels, including partial repayment during the year, does not cure the original non-genuine character of the credit. On that basis, the principal addition was sustained, and the related additions for interest and estimated commission also remained allowable as consequential to the same unexplained credit. Case-Laws Income Tax Wed, 25 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793469