https://www.taxtmi.com/caselaws?id=797383 Reassessment based on Investigation Wing information may be valid where the information identifies the lender and specific loan transaction, provides tangible material linked to potential income escapement, and reflects independent application of mind rather than borrowed satisfaction. For unsecured loans, the taxpayer may discharge the burden of proof by establishing the lender's identity, creditworthiness and transaction genuineness through confirmations, tax records, audited financial statements and bank evidence. Interest payment with tax deduction and repayment may support genuineness. Third-party investigation material alone cannot justify an unexplained cash-credit addition without independent incriminating evidence connecting the taxpayer to accommodation-entry activity. en-us Wed, 12 Aug 2026 00:00:00 +0530 Fri, 21 Aug 2026 08:28:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797383 Reassessment based on Investigation Wing information may be valid where the information identifies the lender and specific loan transaction, provides tangible material linked to potential income escapement, and reflects independent application of mind rather than borrowed satisfaction. For unsecured loans, the taxpayer may discharge the burden of proof by establishing the lender's identity, creditworthiness and transaction genuineness through confirmations, tax records, audited financial statements and bank evidence. Interest payment with tax deduction and repayment may support genuineness. Third-party investigation material alone cannot justify an unexplained cash-credit addition without independent incriminating evidence connecting the taxpayer to accommodation-entry activity. Case-Laws Income Tax Wed, 12 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797383