https://www.taxtmi.com/caselaws?id=441396 The Tribunal allowed the appellant's appeal, directing the deletion of additions related to loans and advance against property. The Tribunal found the loans genuine, supported by substantial documentary evidence, and creditors' interest income in their returns. The addition of loans and advance was deleted as the appellant proved their legitimacy, leading to the reversal of the disallowance and addition. The Tribunal dismissed the grounds not pressed by the appellant. en-us Fri, 21 Jul 2023 00:00:00 +0530 Tue, 08 Aug 2023 07:28:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441396 The Tribunal allowed the appellant's appeal, directing the deletion of additions related to loans and advance against property. The Tribunal found the loans genuine, supported by substantial documentary evidence, and creditors' interest income in their returns. The addition of loans and advance was deleted as the appellant proved their legitimacy, leading to the reversal of the disallowance and addition. The Tribunal dismissed the grounds not pressed by the appellant. Case-Laws Income Tax Fri, 21 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441396