https://www.taxtmi.com/caselaws?id=472554 Unsecured-loan credits require complete evidence satisfying the cash-credit conditions under Section 68; partial material warrants fresh consideration after the taxpayer has an opportunity to substantiate the claim. A personal loan credited to the capital account likewise requires supporting evidence and is subject to reconsideration where none was furnished. The estimated disallowance of discount and godown expenses was treated as excessive and confined to 5%. en-us Tue, 22 Apr 2025 00:00:00 +0530 Thu, 15 Oct 2026 19:04:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472554 Unsecured-loan credits require complete evidence satisfying the cash-credit conditions under Section 68; partial material warrants fresh consideration after the taxpayer has an opportunity to substantiate the claim. A personal loan credited to the capital account likewise requires supporting evidence and is subject to reconsideration where none was furnished. The estimated disallowance of discount and godown expenses was treated as excessive and confined to 5%. Case-Laws Income Tax Tue, 22 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472554