https://www.taxtmi.com/caselaws?id=796490 A difference between personal capital and a partnership-firm capital account cannot be treated as unexplained credit merely through an incorrect comparison of total personal capital with the firm account. The notes state that opening capital was disclosed in earlier returns, the relevant-year increase was supported by recorded partnership profit share, remuneration and other receipts, and no material rebutted the continuity of capital. Accordingly, the Section 68 addition was unsustainable and deleted. en-us Mon, 19 Jan 2026 00:00:00 +0530 Thu, 06 Aug 2026 09:11:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796490 A difference between personal capital and a partnership-firm capital account cannot be treated as unexplained credit merely through an incorrect comparison of total personal capital with the firm account. The notes state that opening capital was disclosed in earlier returns, the relevant-year increase was supported by recorded partnership profit share, remuneration and other receipts, and no material rebutted the continuity of capital. Accordingly, the Section 68 addition was unsustainable and deleted. Case-Laws Income Tax Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796490