https://www.taxtmi.com/caselaws?id=777939 ITAT held that additions under s.68 for unexplained cash credits must be deleted where the assessee discharged the onus by producing documents, clarifications, corrigenda and confirmations regarding unsecured loans. The Tribunal found both lower authorities erred in appreciating the record, set aside the CIT(A) order, directed the AO to delete the additions to income, and allowed the assessee's appeal. en-us Wed, 15 Jan 2025 00:00:00 +0530 Sat, 06 Sep 2025 13:09:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777939 ITAT held that additions under s.68 for unexplained cash credits must be deleted where the assessee discharged the onus by producing documents, clarifications, corrigenda and confirmations regarding unsecured loans. The Tribunal found both lower authorities erred in appreciating the record, set aside the CIT(A) order, directed the AO to delete the additions to income, and allowed the assessee's appeal. Case-Laws Income Tax Wed, 15 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777939