https://www.taxtmi.com/caselaws?id=781181 ITAT affirmed CIT(A)'s deletion of additions under s.68, holding the assessee furnished evidence of creditors and subsequent repayment of unsecured loans, so no unexplained cash credit. Consequentially, disallowance of interest paid on those loans was rejected. Disallowance under s.69C for commission expenses alleged as accommodation entries was also dismissed, as it flowed from the same rejected s.68 addition. The ITAT relied on preceding judicial precedent to support these conclusions. en-us Tue, 28 Oct 2025 00:00:00 +0530 Wed, 12 Nov 2025 08:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781181 ITAT affirmed CIT(A)'s deletion of additions under s.68, holding the assessee furnished evidence of creditors and subsequent repayment of unsecured loans, so no unexplained cash credit. Consequentially, disallowance of interest paid on those loans was rejected. Disallowance under s.69C for commission expenses alleged as accommodation entries was also dismissed, as it flowed from the same rejected s.68 addition. The ITAT relied on preceding judicial precedent to support these conclusions. Case-Laws Income Tax Tue, 28 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781181