https://www.taxtmi.com/caselaws?id=295266 The tribunal allowed the appeal for statistical purposes, directing further verification of the loan confirmation and related evidence by the Assessing Officer. The case was remanded to the AO for denovo assessment after granting the assessee an opportunity to be heard. The tribunal emphasized the need for a thorough examination of the evidence before making a final determination on the addition of the loan under section 68. en-us Wed, 25 Oct 2017 00:00:00 +0530 Thu, 27 May 2021 08:33:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295266 The tribunal allowed the appeal for statistical purposes, directing further verification of the loan confirmation and related evidence by the Assessing Officer. The case was remanded to the AO for denovo assessment after granting the assessee an opportunity to be heard. The tribunal emphasized the need for a thorough examination of the evidence before making a final determination on the addition of the loan under section 68. Case-Laws Income Tax Wed, 25 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295266