https://www.taxtmi.com/caselaws?id=408468 The Tribunal concluded that the assessee had satisfactorily explained the unsecured loans, proving the genuineness and creditworthiness of the creditors. The AO's additions were deemed erroneous, and the Tribunal directed the AO to delete the additions made towards unsecured loans. The appeal filed by the assessee was allowed. en-us Wed, 09 Jun 2021 00:00:00 +0530 Mon, 27 Jun 2022 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408468 The Tribunal concluded that the assessee had satisfactorily explained the unsecured loans, proving the genuineness and creditworthiness of the creditors. The AO's additions were deemed erroneous, and the Tribunal directed the AO to delete the additions made towards unsecured loans. The appeal filed by the assessee was allowed. Case-Laws Income Tax Wed, 09 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408468