https://www.taxtmi.com/highlights?id=72726 Addition u/s 68 - accommodation entry - additions made on the basis of retracted statements - amount received during the earlier years - assessee has furnished all the details relating to the investors/loan in order to discharge the burden placed upon it u/s 68 - The additions made by the Assessing Officer u/s 68 in all the years, in the facts and circumstances of the case, were not justified. We noticed earlier that some of the cash credits were received in the earlier year and not during the year under consideration. - AT en-us Wed, 25 Oct 2023 10:47:44 +0530 Thu, 26 Oct 2023 09:39:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72726 Addition u/s 68 - accommodation entry - additions made on the basis of retracted statements - amount received during the earlier years - assessee has furnished all the details relating to the investors/loan in order to discharge the burden placed upon it u/s 68 - The additions made by the Assessing Officer u/s 68 in all the years, in the facts and circumstances of the case, were not justified. We noticed earlier that some of the cash credits were received in the earlier year and not during the year under consideration. - AT Highlights Income Tax Wed, 25 Oct 2023 10:47:44 +0530 https://www.taxtmi.com/highlights?id=72726