https://www.taxtmi.com/caselaws?id=777333 ITAT KOLKATA-AT dismissed the revenue's appeal and upheld the CIT(A)'s deletion of additions under s.68, finding the assessee had furnished documentary evidence of three unsecured loans, paid interest with TDS, and repaid the amounts in the current and subsequent years; the AO made no specific adverse findings or pointed out defects in the evidence. The tribunal relied on precedents holding that proved repayments and supporting documents preclude treating such credits as unexplained, so no interference was warranted. en-us Tue, 26 Aug 2025 00:00:00 +0530 Thu, 28 Aug 2025 08:32:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777333 ITAT KOLKATA-AT dismissed the revenue's appeal and upheld the CIT(A)'s deletion of additions under s.68, finding the assessee had furnished documentary evidence of three unsecured loans, paid interest with TDS, and repaid the amounts in the current and subsequent years; the AO made no specific adverse findings or pointed out defects in the evidence. The tribunal relied on precedents holding that proved repayments and supporting documents preclude treating such credits as unexplained, so no interference was warranted. Case-Laws Income Tax Tue, 26 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777333