https://www.taxtmi.com/caselaws?id=352154 The ITAT allowed the appeal in part. It deleted the addition under Section 68 of the Income Tax Act as the assessee provided necessary documents establishing the identity and creditworthiness of depositors. Consequently, the disallowance of interest paid by the assessee was also deemed unjustified and was allowed. However, the ITAT dismissed the ground related to Section 69C as the CIT(A) had not adjudicated on it. The order was pronounced on 13/11/2017. en-us Mon, 13 Nov 2017 00:00:00 +0530 Fri, 08 Dec 2017 09:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352154 The ITAT allowed the appeal in part. It deleted the addition under Section 68 of the Income Tax Act as the assessee provided necessary documents establishing the identity and creditworthiness of depositors. Consequently, the disallowance of interest paid by the assessee was also deemed unjustified and was allowed. However, the ITAT dismissed the ground related to Section 69C as the CIT(A) had not adjudicated on it. The order was pronounced on 13/11/2017. Case-Laws Income Tax Mon, 13 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352154