https://www.taxtmi.com/caselaws?id=796490 Difference between an assessee's total personal capital and capital recorded in a partnership firm cannot be treated as unexplained credit merely through an incorrect comparison. Opening capital was reflected in returns for earlier assessment years, while the increase during the relevant year was supported by disclosed partnership profit share, remuneration and other recorded receipts. As no material rebutted the continuity and source of the capital, the addition under Section 68 was unsustainable and stood deleted. en-us Mon, 19 Jan 2026 00:00:00 +0530 Fri, 18 Sep 2026 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796490 Difference between an assessee's total personal capital and capital recorded in a partnership firm cannot be treated as unexplained credit merely through an incorrect comparison. Opening capital was reflected in returns for earlier assessment years, while the increase during the relevant year was supported by disclosed partnership profit share, remuneration and other recorded receipts. As no material rebutted the continuity and source of the capital, the addition under Section 68 was unsustainable and stood deleted. Case-Laws Income Tax Mon, 19 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796490