https://www.taxtmi.com/caselaws?id=799833 Unsecured loans supported by lender confirmations, income-tax records, audited financial statements and bank statements satisfy the initial burden of establishing the lenders' identity, creditworthiness and the genuineness of the transactions for Section 68 purposes. Repayment through banking channels with interest further supports transaction genuineness. Third-party material cannot justify an unexplained cash-credit addition unless it is specifically connected to the impugned loans and documentary evidence contains an identified defect or deficiency. On these facts, the loans were not treated as unexplained cash credits and deletion of the addition was sustained. en-us Wed, 15 Apr 2026 00:00:00 +0530 Mon, 28 Sep 2026 08:12:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799833 Unsecured loans supported by lender confirmations, income-tax records, audited financial statements and bank statements satisfy the initial burden of establishing the lenders' identity, creditworthiness and the genuineness of the transactions for Section 68 purposes. Repayment through banking channels with interest further supports transaction genuineness. Third-party material cannot justify an unexplained cash-credit addition unless it is specifically connected to the impugned loans and documentary evidence contains an identified defect or deficiency. On these facts, the loans were not treated as unexplained cash credits and deletion of the addition was sustained. Case-Laws Income Tax Wed, 15 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799833