https://www.taxtmi.com/highlights?id=53830 Unexplained loan creditors u/s 68 - If the assessee filed ample evidences to discharge the burden carted upon him and the assessing officer fails to bring any material on record to show that explanation filed by the assessee are unsatisfactory, then addition u/s 68 of the Act for unexplained cash creditors is not justified. en-us Thu, 25 Jun 2020 09:39:33 +0530 Thu, 25 Jun 2020 09:39:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53830 Unexplained loan creditors u/s 68 - If the assessee filed ample evidences to discharge the burden carted upon him and the assessing officer fails to bring any material on record to show that explanation filed by the assessee are unsatisfactory, then addition u/s 68 of the Act for unexplained cash creditors is not justified. Highlights Income Tax Thu, 25 Jun 2020 09:39:33 +0530 https://www.taxtmi.com/highlights?id=53830