https://www.taxtmi.com/highlights?id=64230 Addition u/s 68 - unexplained deposits in bank account - The assessing officer has made the addition simply because the assessee failed to produce the lender. Merely because the assessee failed to produce the lender, cannot be the ground for disbelieving the transaction. The Ld.CIT(A), on the aforesaid facts, discussed, has rightly deleted the addition - AT en-us Thu, 23 Jun 2022 15:16:56 +0530 Thu, 23 Jun 2022 15:16:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64230 Addition u/s 68 - unexplained deposits in bank account - The assessing officer has made the addition simply because the assessee failed to produce the lender. Merely because the assessee failed to produce the lender, cannot be the ground for disbelieving the transaction. The Ld.CIT(A), on the aforesaid facts, discussed, has rightly deleted the addition - AT Highlights Income Tax Thu, 23 Jun 2022 15:16:56 +0530 https://www.taxtmi.com/highlights?id=64230