https://www.taxtmi.com/caselaws?id=423572 The appeal was partly allowed. The addition of Rs.1.98 Crore as capital contribution was set aside, and the issue of unsecured loans was restored to the AO for verification. The lump-sum disallowance of Rs.1 lakh was dismissed as not pressed. The AO was directed to expedite the proceedings and provide the assessee with a fair opportunity to present evidence. en-us Fri, 03 Jun 2022 00:00:00 +0530 Thu, 09 Jun 2022 08:17:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423572 The appeal was partly allowed. The addition of Rs.1.98 Crore as capital contribution was set aside, and the issue of unsecured loans was restored to the AO for verification. The lump-sum disallowance of Rs.1 lakh was dismissed as not pressed. The AO was directed to expedite the proceedings and provide the assessee with a fair opportunity to present evidence. Case-Laws Income Tax Fri, 03 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423572