https://www.taxtmi.com/caselaws?id=360239 The Tribunal allowed the appeal, deleting the addition of unsecured loans as the assessee proved the creditworthiness of its creditors. The burden of proof shifted to the Revenue, which failed to demonstrate the lack of creditworthiness. The judgment emphasized meeting statutory obligations and thorough evidence examination. en-us Thu, 10 May 2018 00:00:00 +0530 Sat, 12 May 2018 08:44:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360239 The Tribunal allowed the appeal, deleting the addition of unsecured loans as the assessee proved the creditworthiness of its creditors. The burden of proof shifted to the Revenue, which failed to demonstrate the lack of creditworthiness. The judgment emphasized meeting statutory obligations and thorough evidence examination. Case-Laws Income Tax Thu, 10 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360239