https://www.taxtmi.com/caselaws?id=772919 ITAT PUNE set aside CIT(A)'s order deleting additions under section 68 for most unsecured loans. The tribunal found assessee failed to prove identity, creditworthiness, and genuineness of transactions for creditors including deceased person's loans, and loans from parties who provided insufficient documentation. Additions were upheld for loans from Naman Developers and Kirti I. Chhajed where complete documentation including IT returns, bank statements, and confirmation letters were provided. Matter remanded to AO for fresh consideration on remaining loans. en-us Mon, 07 Apr 2025 00:00:00 +0530 Mon, 16 Jun 2025 08:38:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772919 ITAT PUNE set aside CIT(A)'s order deleting additions under section 68 for most unsecured loans. The tribunal found assessee failed to prove identity, creditworthiness, and genuineness of transactions for creditors including deceased person's loans, and loans from parties who provided insufficient documentation. Additions were upheld for loans from Naman Developers and Kirti I. Chhajed where complete documentation including IT returns, bank statements, and confirmation letters were provided. Matter remanded to AO for fresh consideration on remaining loans. Case-Laws Income Tax Mon, 07 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772919