https://www.taxtmi.com/caselaws?id=279177 The Tribunal upheld the decision of the CIT(A) to delete the addition of an unsecured loan under section 68 of the Income Tax Act, 1961, dismissing the Revenue's appeal. Additionally, the Tribunal dismissed the Revenue's appeal regarding the deletion of an addition of interest expenditure on alleged bogus loans, affirming the decisions made in favor of the assessee based on documentary evidence and lack of evidence supporting the Revenue's claims. en-us Mon, 12 Mar 2018 00:00:00 +0530 Thu, 07 Mar 2019 06:33:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279177 The Tribunal upheld the decision of the CIT(A) to delete the addition of an unsecured loan under section 68 of the Income Tax Act, 1961, dismissing the Revenue's appeal. Additionally, the Tribunal dismissed the Revenue's appeal regarding the deletion of an addition of interest expenditure on alleged bogus loans, affirming the decisions made in favor of the assessee based on documentary evidence and lack of evidence supporting the Revenue's claims. Case-Laws Income Tax Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279177