https://www.taxtmi.com/caselaws?id=271228 The Tribunal condoned the delay in filing the appeal due to the appellant's explanation of the misplaced original order. Regarding the disallowance of unsecured loans under section 68 of the Income Tax Act, the Tribunal granted the appellant an opportunity to establish the genuineness of the transactions, remanding the issue back to the Assessing Officer for further examination. The Tribunal allowed the appeal for statistical purposes, providing the appellant with a chance to prove the legitimacy of the loans and interest payments. en-us Fri, 30 Oct 2015 00:00:00 +0530 Sat, 30 Jan 2016 10:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271228 The Tribunal condoned the delay in filing the appeal due to the appellant's explanation of the misplaced original order. Regarding the disallowance of unsecured loans under section 68 of the Income Tax Act, the Tribunal granted the appellant an opportunity to establish the genuineness of the transactions, remanding the issue back to the Assessing Officer for further examination. The Tribunal allowed the appeal for statistical purposes, providing the appellant with a chance to prove the legitimacy of the loans and interest payments. Case-Laws Income Tax Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271228