https://www.taxtmi.com/caselaws?id=472489 For unsecured loans assessed under section 68, creditor names, addresses, PANs, tax returns, audited accounts, loan confirmations, MCA records, bank statements and replies to section 133(6) notices support identity, creditworthiness and transaction genuineness. Accounting for interest with tax deduction at source and subsequent repayment further support the loan credits. Characterising creditors as shell entities alone, without contrary enquiry or material that discredits the evidence, does not justify treating documented loans as unexplained cash credits. en-us Thu, 16 Jul 2026 00:00:00 +0530 Wed, 14 Oct 2026 06:16:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472489 For unsecured loans assessed under section 68, creditor names, addresses, PANs, tax returns, audited accounts, loan confirmations, MCA records, bank statements and replies to section 133(6) notices support identity, creditworthiness and transaction genuineness. Accounting for interest with tax deduction at source and subsequent repayment further support the loan credits. Characterising creditors as shell entities alone, without contrary enquiry or material that discredits the evidence, does not justify treating documented loans as unexplained cash credits. Case-Laws Income Tax Thu, 16 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472489