https://www.taxtmi.com/caselaws?id=796880 Unsecured loans supported by lender confirmations, PAN details, income-tax returns, financial statements, bank statements and loan agreements satisfy the taxpayer's primary burden on identity, creditworthiness and transaction genuineness. Receipt and repayment of loans with interest through banking channels further support the transactions. General information or suspicion that a lender may provide accommodation entries cannot, without credible material directly connecting the loans to such entries or disproving the evidence, justify unexplained cash-credit additions. The cash-credit additions were therefore unsustainable, and consequential additions for alleged commission and bogus interest expenditure could not survive. en-us Wed, 05 Aug 2026 00:00:00 +0530 Wed, 12 Aug 2026 08:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796880 Unsecured loans supported by lender confirmations, PAN details, income-tax returns, financial statements, bank statements and loan agreements satisfy the taxpayer's primary burden on identity, creditworthiness and transaction genuineness. Receipt and repayment of loans with interest through banking channels further support the transactions. General information or suspicion that a lender may provide accommodation entries cannot, without credible material directly connecting the loans to such entries or disproving the evidence, justify unexplained cash-credit additions. The cash-credit additions were therefore unsustainable, and consequential additions for alleged commission and bogus interest expenditure could not survive. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796880