https://www.taxtmi.com/caselaws?id=793800 Addition under section 68 could not be sustained on Investigation Wing information alone where no independent enquiry, bank verification, or corroborative material linked the assessee to the alleged accommodation entries. The factual finding was that the Revenue had only departmental information from searches on third parties and the assessee's non-compliance, while the assessee denied the transactions and the Revenue produced no material to rebut that denial. In the absence of transaction-specific proof and a direct nexus with the entry providers, the claim remained suspicion, which was insufficient to justify the addition. Deletion of the addition was therefore upheld. en-us Wed, 17 Jun 2026 00:00:00 +0530 Wed, 24 Jun 2026 07:08:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793800 Addition under section 68 could not be sustained on Investigation Wing information alone where no independent enquiry, bank verification, or corroborative material linked the assessee to the alleged accommodation entries. The factual finding was that the Revenue had only departmental information from searches on third parties and the assessee's non-compliance, while the assessee denied the transactions and the Revenue produced no material to rebut that denial. In the absence of transaction-specific proof and a direct nexus with the entry providers, the claim remained suspicion, which was insufficient to justify the addition. Deletion of the addition was therefore upheld. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793800