https://www.taxtmi.com/caselaws?id=249338 The appellant successfully admitted additional evidence to establish the genuineness of unsecured loans totaling Rs. 1,95,50,000, with the CIT(A) upholding the first appellate order. The revenue's contention against the admission of evidence was dismissed as the CIT(A) thoroughly examined the additional evidence and found no adverse findings. Additionally, the CIT(A) deleted the addition of unexplained bogus unsecured loans based on detailed analysis, confirming the loans' genuineness through the appellant's submissions and supporting documents. The appeal was ultimately dismissed on 12th June 2014. en-us Thu, 12 Jun 2014 00:00:00 +0530 Fri, 11 Jul 2014 08:04:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249338 The appellant successfully admitted additional evidence to establish the genuineness of unsecured loans totaling Rs. 1,95,50,000, with the CIT(A) upholding the first appellate order. The revenue's contention against the admission of evidence was dismissed as the CIT(A) thoroughly examined the additional evidence and found no adverse findings. Additionally, the CIT(A) deleted the addition of unexplained bogus unsecured loans based on detailed analysis, confirming the loans' genuineness through the appellant's submissions and supporting documents. The appeal was ultimately dismissed on 12th June 2014. Case-Laws Income Tax Thu, 12 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249338