https://www.taxtmi.com/caselaws?id=103108 The Tribunal partially allowed the appellant's appeal in a case challenging additions under section 68 of the Income-tax Act, 1961 for loans received. The Tribunal directed reconsideration of two loans by the CIT(A) with the admission of additional evidence. However, the addition for the third loan was confirmed due to lack of proof regarding the creditor's capacity to advance the funds. en-us Fri, 01 Nov 2002 00:00:00 +0530 Mon, 20 Feb 2012 17:43:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103108 The Tribunal partially allowed the appellant's appeal in a case challenging additions under section 68 of the Income-tax Act, 1961 for loans received. The Tribunal directed reconsideration of two loans by the CIT(A) with the admission of additional evidence. However, the addition for the third loan was confirmed due to lack of proof regarding the creditor's capacity to advance the funds. Case-Laws Income Tax Fri, 01 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103108