https://www.taxtmi.com/caselaws?id=472058 Loans supported by lender affidavits, confirmations, bank statements and source-of-funds records satisfied the requirements of identity, transaction genuineness and lender creditworthiness for Section 68 purposes. With no specific adverse findings in the remand report on these evidentiary elements, the short interval before loan repayment did not by itself discredit the transactions. The addition as unexplained cash credits was therefore deleted. en-us Wed, 16 Apr 2025 00:00:00 +0530 Mon, 28 Sep 2026 20:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472058 Loans supported by lender affidavits, confirmations, bank statements and source-of-funds records satisfied the requirements of identity, transaction genuineness and lender creditworthiness for Section 68 purposes. With no specific adverse findings in the remand report on these evidentiary elements, the short interval before loan repayment did not by itself discredit the transactions. The addition as unexplained cash credits was therefore deleted. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472058