https://www.taxtmi.com/caselaws?id=472104 Unexplained cash-credit addition under section 68 depended solely on directors' statements admitting accommodation entries. Statements unaccompanied by relevant corroborative evidence were insufficient to sustain the addition. The earlier larger addition had been deleted in principle during remand proceedings. The remaining disputed addition was therefore deleted in favour of the assessee, removing the residual section 68 liability. en-us Wed, 16 Apr 2025 00:00:00 +0530 Wed, 30 Sep 2026 08:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472104 Unexplained cash-credit addition under section 68 depended solely on directors' statements admitting accommodation entries. Statements unaccompanied by relevant corroborative evidence were insufficient to sustain the addition. The earlier larger addition had been deleted in principle during remand proceedings. The remaining disputed addition was therefore deleted in favour of the assessee, removing the residual section 68 liability. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472104