https://www.taxtmi.com/caselaws?id=471587 Section 69A addition for alleged bogus unsecured loans was deleted because loan confirmations, bank records and lender-related material remained unverified or undisproved. Documentary production did not by itself conclusively establish transaction genuineness, but the revenue did not investigate the lenders' source of funds or rebut the assessee's evidence of loan repayments and interest payments. In the absence of contrary verification, the loans could not be treated as unexplained money. en-us Tue, 08 Apr 2025 00:00:00 +0530 Wed, 09 Sep 2026 19:00:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471587 Section 69A addition for alleged bogus unsecured loans was deleted because loan confirmations, bank records and lender-related material remained unverified or undisproved. Documentary production did not by itself conclusively establish transaction genuineness, but the revenue did not investigate the lenders' source of funds or rebut the assessee's evidence of loan repayments and interest payments. In the absence of contrary verification, the loans could not be treated as unexplained money. Case-Laws Income Tax Tue, 08 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471587