https://www.taxtmi.com/highlights?id=61868 Unexplained unsecured loan - the necessary papers to establish genuineness of the transaction were filed and the assessee had proved beyond doubt the identity of the lender, credit worthiness and the genuineness. By filing these requisite documents, the assessee established the Identity of the creditor, genuineness of the transaction and creditworthiness of the creditor. Thus, the assessee had satisfied all the three conditions required for genuineness of the transaction - AT en-us Tue, 08 Feb 2022 06:54:22 +0530 Tue, 08 Feb 2022 06:54:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61868 Unexplained unsecured loan - the necessary papers to establish genuineness of the transaction were filed and the assessee had proved beyond doubt the identity of the lender, credit worthiness and the genuineness. By filing these requisite documents, the assessee established the Identity of the creditor, genuineness of the transaction and creditworthiness of the creditor. Thus, the assessee had satisfied all the three conditions required for genuineness of the transaction - AT Highlights Income Tax Tue, 08 Feb 2022 06:54:22 +0530 https://www.taxtmi.com/highlights?id=61868