High Court Rules Unsecured Loan Allegations u/s 68 Unfounded Due to Lack of Concrete Evidence Against Assessee. https://www.taxtmi.com/highlights?id=19719 Unsecured loan obtained from companies u/s 68 – Creditworthiness and genuineness of transaction – assessee was rerouting its own funds was based on surmise - no addition - HC en-us Wed, 20 Aug 2014 10:32:24 +0530 Wed, 20 Aug 2014 10:32:24 +0530 TaxTMI RSS Generator High Court Rules Unsecured Loan Allegations u/s 68 Unfounded Due to Lack of Concrete Evidence Against Assessee. https://www.taxtmi.com/highlights?id=19719 Unsecured loan obtained from companies u/s 68 – Creditworthiness and genuineness of transaction – assessee was rerouting its own funds was based on surmise - no addition - HC Highlights Income Tax Wed, 20 Aug 2014 10:32:24 +0530 https://www.taxtmi.com/highlights?id=19719