https://www.taxtmi.com/caselaws?id=800211 Documented share-sale transactions supported by allotment records, demat and bank statements, contract notes, and broker ledgers satisfy the initial burden to establish genuineness for unexplained cash-credit purposes unless cogent material links the taxpayer to penny-stock manipulation or an accommodation-entry scheme. General investigation material, without a taxpayer-specific nexus, cash trail, or identifying operator statement, cannot displace uncontroverted evidence; the human-probabilities test does not remove that requirement. An estimated unexplained-expenditure addition for alleged commission cannot stand where it rests solely on an unproved allegation that the underlying transaction was bogus. en-us Fri, 28 Aug 2026 00:00:00 +0530 Sat, 03 Oct 2026 09:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800211 Documented share-sale transactions supported by allotment records, demat and bank statements, contract notes, and broker ledgers satisfy the initial burden to establish genuineness for unexplained cash-credit purposes unless cogent material links the taxpayer to penny-stock manipulation or an accommodation-entry scheme. General investigation material, without a taxpayer-specific nexus, cash trail, or identifying operator statement, cannot displace uncontroverted evidence; the human-probabilities test does not remove that requirement. An estimated unexplained-expenditure addition for alleged commission cannot stand where it rests solely on an unproved allegation that the underlying transaction was bogus. Case-Laws Income Tax Fri, 28 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800211