https://www.taxtmi.com/caselaws?id=426838 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s deletions of the additions made by the AO under Section 68 for unsecured loans and the disallowance under Section 80G. The Tribunal found that the assessee satisfactorily proved the identity, genuineness, and creditworthiness of the creditors for the unsecured loans and provided ample evidence to support the donation claim under Section 80G, leading to the favorable outcome for the assessee. en-us Wed, 24 Aug 2022 00:00:00 +0530 Fri, 26 Aug 2022 08:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426838 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s deletions of the additions made by the AO under Section 68 for unsecured loans and the disallowance under Section 80G. The Tribunal found that the assessee satisfactorily proved the identity, genuineness, and creditworthiness of the creditors for the unsecured loans and provided ample evidence to support the donation claim under Section 80G, leading to the favorable outcome for the assessee. Case-Laws Income Tax Wed, 24 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426838