https://www.taxtmi.com/caselaws?id=424982 The Tribunal remitted the case back to the Assessing Officer as the assessee failed to prove the identity of lender companies. The AO was instructed to determine if the loans were repaid from the assessee's funds or through additional accommodation entries. The appeal by the assessee was allowed for statistical purposes, with the order pronounced on 24/06/2022. en-us Fri, 24 Jun 2022 00:00:00 +0530 Wed, 13 Jul 2022 07:49:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424982 The Tribunal remitted the case back to the Assessing Officer as the assessee failed to prove the identity of lender companies. The AO was instructed to determine if the loans were repaid from the assessee's funds or through additional accommodation entries. The appeal by the assessee was allowed for statistical purposes, with the order pronounced on 24/06/2022. Case-Laws Income Tax Fri, 24 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424982