https://www.taxtmi.com/highlights?id=27999 Addition u/s 68 - merely because the bank statement an ITR of the lender were not submitted, in spite of submitting balance sheet and profit and loss account of the company, confirmation stating its PAN and also transactions are through account payee cheques and in absence of any inquiry, we are of the view that no addition can be made in the hands of the assessee - AT en-us Wed, 16 Mar 2016 11:20:00 +0530 Wed, 16 Mar 2016 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27999 Addition u/s 68 - merely because the bank statement an ITR of the lender were not submitted, in spite of submitting balance sheet and profit and loss account of the company, confirmation stating its PAN and also transactions are through account payee cheques and in absence of any inquiry, we are of the view that no addition can be made in the hands of the assessee - AT Highlights Income Tax Wed, 16 Mar 2016 11:20:00 +0530 https://www.taxtmi.com/highlights?id=27999