https://www.taxtmi.com/caselaws?id=436508 The appeal was allowed for statistical purposes, and the issue of the addition made under section 68 read with Section 115BBE of the Income-tax Act, 1961 was remanded back to the Assessing Officer for fresh adjudication in accordance with the law. The Tribunal emphasized the lack of clear factual findings regarding the loan source and repayment schedule, directing the AO to allow the assessee to submit additional evidence and provide a fair hearing opportunity. en-us Wed, 12 Apr 2023 00:00:00 +0530 Fri, 14 Apr 2023 09:02:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436508 The appeal was allowed for statistical purposes, and the issue of the addition made under section 68 read with Section 115BBE of the Income-tax Act, 1961 was remanded back to the Assessing Officer for fresh adjudication in accordance with the law. The Tribunal emphasized the lack of clear factual findings regarding the loan source and repayment schedule, directing the AO to allow the assessee to submit additional evidence and provide a fair hearing opportunity. Case-Laws Income Tax Wed, 12 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436508