https://www.taxtmi.com/caselaws?id=793879 A section 68 addition for an alleged accommodation-entry unsecured loan was deleted where seized material, the entry operator's statement, the cash flow chart and settlement records showed that the cheque received by the assessee was only a later routing of an already disclosed transaction. The records indicated no fresh cash introduction in the assessee's hands, and the related cash component had already been owned up in settlement proceedings. In the absence of independent evidence of unexplained money passing when the cheque was issued, the addition could not rest on suspicion or duplicate taxation of the same component. en-us Thu, 21 May 2026 00:00:00 +0530 Thu, 25 Jun 2026 08:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793879 A section 68 addition for an alleged accommodation-entry unsecured loan was deleted where seized material, the entry operator's statement, the cash flow chart and settlement records showed that the cheque received by the assessee was only a later routing of an already disclosed transaction. The records indicated no fresh cash introduction in the assessee's hands, and the related cash component had already been owned up in settlement proceedings. In the absence of independent evidence of unexplained money passing when the cheque was issued, the addition could not rest on suspicion or duplicate taxation of the same component. Case-Laws Income Tax Thu, 21 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793879