https://www.taxtmi.com/caselaws?id=435658 The Tribunal upheld the CIT(A)'s decision to delete the addition of the unsecured loan in the assessment for AY 2013-14, as the loan was properly reflected in the balance sheets. The Revenue's appeal challenging the deletion of Rs.2,08,17,210/- on account of unaccounted unsecured loan was dismissed due to lack of concealment and proper accounting of the loan. en-us Tue, 21 Mar 2023 00:00:00 +0530 Fri, 24 Mar 2023 09:40:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435658 The Tribunal upheld the CIT(A)'s decision to delete the addition of the unsecured loan in the assessment for AY 2013-14, as the loan was properly reflected in the balance sheets. The Revenue's appeal challenging the deletion of Rs.2,08,17,210/- on account of unaccounted unsecured loan was dismissed due to lack of concealment and proper accounting of the loan. Case-Laws Income Tax Tue, 21 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435658