Court Deletes Additions u/s 68 Despite Assessee Failing to Prove Creditworthiness of Confirmed Loan Providers. https://www.taxtmi.com/highlights?id=49606 Addition u/s 68 - Though the assessee may not be able to prove the creditworthiness of the creditors, but, the creditors have confirmed giving loans to the assessee for setting-up of the manufacturing unit. - Additions deleted. en-us Thu, 03 Oct 2019 07:54:26 +0530 Thu, 03 Oct 2019 07:54:26 +0530 TaxTMI RSS Generator Court Deletes Additions u/s 68 Despite Assessee Failing to Prove Creditworthiness of Confirmed Loan Providers. https://www.taxtmi.com/highlights?id=49606 Addition u/s 68 - Though the assessee may not be able to prove the creditworthiness of the creditors, but, the creditors have confirmed giving loans to the assessee for setting-up of the manufacturing unit. - Additions deleted. Highlights Income Tax Thu, 03 Oct 2019 07:54:26 +0530 https://www.taxtmi.com/highlights?id=49606