https://www.taxtmi.com/caselaws?id=796407 Section 68 additions for trade advances, sundry creditors and unsecured loans were deleted where accepted books, confirmations, tax records, financial statements and bank evidence established identity, source and genuineness; a brought-forward loan balance was not a credit of the relevant year. Cash deposits and recorded search cash were explained through cash books, withdrawals and accepted turnover, defeating section 69A additions. Verified bank-funded credit-card payments and reconciled GST purchase differences did not constitute unexplained expenditure under section 69C. Gold and jewellery not owned by the assessee, or attributable to a jointly residing family member, could not be treated as unexplained investment under section 69B. en-us Wed, 29 Jul 2026 00:00:00 +0530 Wed, 05 Aug 2026 08:48:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796407 Section 68 additions for trade advances, sundry creditors and unsecured loans were deleted where accepted books, confirmations, tax records, financial statements and bank evidence established identity, source and genuineness; a brought-forward loan balance was not a credit of the relevant year. Cash deposits and recorded search cash were explained through cash books, withdrawals and accepted turnover, defeating section 69A additions. Verified bank-funded credit-card payments and reconciled GST purchase differences did not constitute unexplained expenditure under section 69C. Gold and jewellery not owned by the assessee, or attributable to a jointly residing family member, could not be treated as unexplained investment under section 69B. Case-Laws Income Tax Wed, 29 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796407