https://www.taxtmi.com/caselaws?id=796668 Alleged client code modification in commodity pair trades cannot support an unexplained cash credit addition where the disputed gross purchase amount is not credited in the assessee's books. As each purchase had a corresponding sale or vice versa, only the resulting profit or loss could be relevant. The broker stated that modifications were operational and made without the assessee's instruction or knowledge, while Revenue did not identify the relevant transactions, prove the assessee's involvement, or establish any positive gain. Reliance solely on an investigation report was therefore insufficient to treat the amount as unexplained cash credit. en-us Thu, 29 Jan 2026 00:00:00 +0530 Sat, 08 Aug 2026 08:32:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796668 Alleged client code modification in commodity pair trades cannot support an unexplained cash credit addition where the disputed gross purchase amount is not credited in the assessee's books. As each purchase had a corresponding sale or vice versa, only the resulting profit or loss could be relevant. The broker stated that modifications were operational and made without the assessee's instruction or knowledge, while Revenue did not identify the relevant transactions, prove the assessee's involvement, or establish any positive gain. Reliance solely on an investigation report was therefore insufficient to treat the amount as unexplained cash credit. Case-Laws Income Tax Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796668