https://www.taxtmi.com/highlights?id=53667 Addition of unsecured loan from its employees as unexplained cash credit - employees’ identity cards were produced before the AO and the nominal amount collected from each employees was treated as a security money, therefore, it cannot be treated as unsecured loan and there is no violation of Section 68 of the Act, 1961 en-us Thu, 11 Jun 2020 10:02:32 +0530 Thu, 11 Jun 2020 10:02:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53667 Addition of unsecured loan from its employees as unexplained cash credit - employees’ identity cards were produced before the AO and the nominal amount collected from each employees was treated as a security money, therefore, it cannot be treated as unsecured loan and there is no violation of Section 68 of the Act, 1961 Highlights Income Tax Thu, 11 Jun 2020 10:02:32 +0530 https://www.taxtmi.com/highlights?id=53667