https://www.taxtmi.com/caselaws?id=470458 Addition of preference share capital and premium as unexplained cash credit requires complete verification of the source and movement of funds, including related investor and group-company transactions. The notes state that alleged cash routing was not fully established, relevant material and statements were incompletely supplied, and the assessee lacked adequate opportunity to rebut adverse evidence or cross-examine investor companies. The Section 68 addition was therefore set aside for fresh examination after full investigation and a proper opportunity to support the claim. en-us Fri, 08 Oct 2010 00:00:00 +0530 Tue, 28 Jul 2026 17:22:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470458 Addition of preference share capital and premium as unexplained cash credit requires complete verification of the source and movement of funds, including related investor and group-company transactions. The notes state that alleged cash routing was not fully established, relevant material and statements were incompletely supplied, and the assessee lacked adequate opportunity to rebut adverse evidence or cross-examine investor companies. The Section 68 addition was therefore set aside for fresh examination after full investigation and a proper opportunity to support the claim. Case-Laws Income Tax Fri, 08 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470458