https://www.taxtmi.com/highlights?id=65646 Penalty u/s 271(1)(c) - Addition for unsecured loan u/s 68 - the assessee was not found able to substantiate the explanation pertaining amount of unsecured loan received, but the assessee successfully proved that the explanation is bona fide and all the material facts relating to the same was disclosed by him before the authorities below - No penalty - AT en-us Thu, 15 Sep 2022 13:39:49 +0530 Thu, 15 Sep 2022 13:39:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65646 Penalty u/s 271(1)(c) - Addition for unsecured loan u/s 68 - the assessee was not found able to substantiate the explanation pertaining amount of unsecured loan received, but the assessee successfully proved that the explanation is bona fide and all the material facts relating to the same was disclosed by him before the authorities below - No penalty - AT Highlights Income Tax Thu, 15 Sep 2022 13:39:49 +0530 https://www.taxtmi.com/highlights?id=65646