Tribunal Rules Loan Transactions Documented, Deletes Addition Under Income Tax Act Section 69. https://www.taxtmi.com/highlights?id=75281 Addition u/s 69 - repayments of loan/creditor - The ITAT held that the loans were duly recorded in the books of accounts and repayments were made through banking channels. The transactions were reflected in the books and thus, the addition under Section 69 was deleted. en-us Thu, 29 Feb 2024 07:55:22 +0530 Thu, 29 Feb 2024 07:55:22 +0530 TaxTMI RSS Generator Tribunal Rules Loan Transactions Documented, Deletes Addition Under Income Tax Act Section 69. https://www.taxtmi.com/highlights?id=75281 Addition u/s 69 - repayments of loan/creditor - The ITAT held that the loans were duly recorded in the books of accounts and repayments were made through banking channels. The transactions were reflected in the books and thus, the addition under Section 69 was deleted. Highlights Income Tax Thu, 29 Feb 2024 07:55:22 +0530 https://www.taxtmi.com/highlights?id=75281