https://www.taxtmi.com/caselaws?id=781521 ITAT (Ahmedabad) upheld the CIT(A)'s order in favor of the taxpayer, deleting additions under section 68 after finding the taxpayer had produced documentary evidence proving identity, genuineness and creditworthiness of cash creditors and no infirmity was found by the AO. The Tribunal also confirmed deletion of the disallowance under section 24, holding that evidence of interest payments on the housing loan was on record and the AO failed to examine it; the Revenue's grounds of appeal were dismissed. en-us Fri, 17 Oct 2025 00:00:00 +0530 Mon, 17 Nov 2025 08:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781521 ITAT (Ahmedabad) upheld the CIT(A)'s order in favor of the taxpayer, deleting additions under section 68 after finding the taxpayer had produced documentary evidence proving identity, genuineness and creditworthiness of cash creditors and no infirmity was found by the AO. The Tribunal also confirmed deletion of the disallowance under section 24, holding that evidence of interest payments on the housing loan was on record and the AO failed to examine it; the Revenue's grounds of appeal were dismissed. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781521