https://www.taxtmi.com/caselaws?id=196378 The Appellate Tribunal upheld the CIT(A)'s decision to delete the addition made under section 68 of the Income Tax Act, regarding unsecured loans received by the assessee. The Tribunal found that the assessee had proven the identity, creditworthiness, and genuineness of the transactions, leading to the dismissal of the Revenue's appeals for both assessment years. en-us Thu, 14 Sep 2017 00:00:00 +0530 Tue, 28 Nov 2017 21:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196378 The Appellate Tribunal upheld the CIT(A)'s decision to delete the addition made under section 68 of the Income Tax Act, regarding unsecured loans received by the assessee. The Tribunal found that the assessee had proven the identity, creditworthiness, and genuineness of the transactions, leading to the dismissal of the Revenue's appeals for both assessment years. Case-Laws Income Tax Thu, 14 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196378