https://www.taxtmi.com/caselaws?id=800481 Section 151 sanction for reopening may rest on available material indicating escaped income where no return was filed, provided the approval reflects application of mind rather than mechanical consent. Section 69 applies to investments not recorded in the books; a loan or advance recorded in the books and received through banking channels cannot be characterised as unexplained investment merely because the creditor's creditworthiness is doubted. Documentary support must be addressed, and an adverse creditworthiness finding requires enquiry from the creditor or other rebutting evidence; recourse to Section 68 does not cure an unsupported addition. en-us Fri, 25 Sep 2026 00:00:00 +0530 Wed, 07 Oct 2026 08:26:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800481 Section 151 sanction for reopening may rest on available material indicating escaped income where no return was filed, provided the approval reflects application of mind rather than mechanical consent. Section 69 applies to investments not recorded in the books; a loan or advance recorded in the books and received through banking channels cannot be characterised as unexplained investment merely because the creditor's creditworthiness is doubted. Documentary support must be addressed, and an adverse creditworthiness finding requires enquiry from the creditor or other rebutting evidence; recourse to Section 68 does not cure an unsupported addition. Case-Laws Income Tax Fri, 25 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800481