https://www.taxtmi.com/caselaws?id=797554 Unexplained-credit, unexplained-expenditure and unexplained-money additions cannot rest on general investigation inputs or presumptions where transactions are supported by lender confirmations, audited financial statements, tax records, bank statements, ledgers, TDS records and repayment evidence. Identifiable corporate lenders with disclosed financial capacity and business operations support the genuineness of banking-channel loans. Interest on established genuine borrowings is not unexplained expenditure. Presumed accommodation-entry commission requires evidence of cash outflow or payment. Alleged bogus purchases require material contradicting invoices, transport records, e-way bills, ledgers and banking payments. Repayment of documented opening loan balances through banking channels does not itself establish ownership of unexplained money. en-us Fri, 21 Aug 2026 00:00:00 +0530 Mon, 24 Aug 2026 08:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797554 Unexplained-credit, unexplained-expenditure and unexplained-money additions cannot rest on general investigation inputs or presumptions where transactions are supported by lender confirmations, audited financial statements, tax records, bank statements, ledgers, TDS records and repayment evidence. Identifiable corporate lenders with disclosed financial capacity and business operations support the genuineness of banking-channel loans. Interest on established genuine borrowings is not unexplained expenditure. Presumed accommodation-entry commission requires evidence of cash outflow or payment. Alleged bogus purchases require material contradicting invoices, transport records, e-way bills, ledgers and banking payments. Repayment of documented opening loan balances through banking channels does not itself establish ownership of unexplained money. Case-Laws Income Tax Fri, 21 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797554