https://www.taxtmi.com/highlights?id=52029 Unexplained loan u/s 68 - Since the assessee explained that sufficient loan amount have been taken from the family for purchase of property for family, then in that event, A.O. shall have to consider the explanation of assessee in the light of fact that assessee made investment in purchase of property from the family source. - AT en-us Thu, 27 Feb 2020 08:09:59 +0530 Thu, 27 Feb 2020 08:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52029 Unexplained loan u/s 68 - Since the assessee explained that sufficient loan amount have been taken from the family for purchase of property for family, then in that event, A.O. shall have to consider the explanation of assessee in the light of fact that assessee made investment in purchase of property from the family source. - AT Highlights Income Tax Thu, 27 Feb 2020 08:09:59 +0530 https://www.taxtmi.com/highlights?id=52029