https://www.taxtmi.com/highlights?id=44545 Addition u/s 68 - cash credit - reliance of statement - creditors had appeared and confirmed the transactions of loans advanced to the assessee. - AO had no valid basis for treating the ‘unsecured loans’ as ‘accommodation entries’. en-us Sat, 16 Feb 2019 11:36:17 +0530 Sat, 16 Feb 2019 11:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44545 Addition u/s 68 - cash credit - reliance of statement - creditors had appeared and confirmed the transactions of loans advanced to the assessee. - AO had no valid basis for treating the ‘unsecured loans’ as ‘accommodation entries’. Highlights Income Tax Sat, 16 Feb 2019 11:36:17 +0530 https://www.taxtmi.com/highlights?id=44545