https://www.taxtmi.com/highlights?id=64726 Addition u/s 68 - unexplained cash credit - since the requisite material was furnished by assessee showing the identity and since the assessee was not beneficiary when the loan was repaid in the subsequent year, even the ingredients of creditworthiness and genuineness of transaction were well satisfied. - ITAT rightly deleted the additions - HC en-us Thu, 21 Jul 2022 10:47:34 +0530 Thu, 21 Jul 2022 10:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64726 Addition u/s 68 - unexplained cash credit - since the requisite material was furnished by assessee showing the identity and since the assessee was not beneficiary when the loan was repaid in the subsequent year, even the ingredients of creditworthiness and genuineness of transaction were well satisfied. - ITAT rightly deleted the additions - HC Highlights Income Tax Thu, 21 Jul 2022 10:47:34 +0530 https://www.taxtmi.com/highlights?id=64726