https://www.taxtmi.com/caselaws?id=366414 The Tribunal ruled in favor of the assessee, directing the deletion of the addition of Rs. 19 lacs made under Section 68 of the Income Tax Act. The Tribunal found that the assessee had sufficiently proven the genuineness of the unsecured loans taken from various individuals through provided documentation and explanations, leading to the deletion of the addition. The appeal was allowed in full, with the order pronounced on 29th August 2018. en-us Wed, 29 Aug 2018 00:00:00 +0530 Tue, 04 Sep 2018 08:13:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366414 The Tribunal ruled in favor of the assessee, directing the deletion of the addition of Rs. 19 lacs made under Section 68 of the Income Tax Act. The Tribunal found that the assessee had sufficiently proven the genuineness of the unsecured loans taken from various individuals through provided documentation and explanations, leading to the deletion of the addition. The appeal was allowed in full, with the order pronounced on 29th August 2018. Case-Laws Income Tax Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366414