https://www.taxtmi.com/caselaws?id=795445 Partner capital contributions recorded in the firm's books cannot be treated as unexplained cash credits where contemporaneous banking records, pay-in slips, demand-draft details and capital-account entries establish the source and receipt of funds. Absence of a separate confirmation from the partner does not negate uncontroverted documentary evidence. The materials demonstrated that the firm had discharged its initial onus regarding the credited contribution, making an addition for unexplained cash credit unsustainable. en-us Thu, 16 Jul 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795445 Partner capital contributions recorded in the firm's books cannot be treated as unexplained cash credits where contemporaneous banking records, pay-in slips, demand-draft details and capital-account entries establish the source and receipt of funds. Absence of a separate confirmation from the partner does not negate uncontroverted documentary evidence. The materials demonstrated that the firm had discharged its initial onus regarding the credited contribution, making an addition for unexplained cash credit unsustainable. Case-Laws Income Tax Thu, 16 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795445