https://www.taxtmi.com/caselaws?id=782298 ITAT set aside the order of the CIT(A) sustaining addition under s. 68 on unsecured loans from a partner and capital introduction, holding that the assessee had sufficient cause for not producing evidence earlier due to absence of its accountant and AR. The Tribunal directed CIT(A) to admit the additional evidence and pass a fresh, reasoned order on both issues after considering all material and submissions. On the objection that addition to partner's capital was beyond the scope of limited scrutiny, ITAT held deletion could not be granted in absence of proof of non-conversion to complete scrutiny, but allowed the assessee to raise this issue before AO. All grounds were allowed for statistical purposes. en-us Mon, 03 Nov 2025 00:00:00 +0530 Thu, 27 Nov 2025 08:36:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782298 ITAT set aside the order of the CIT(A) sustaining addition under s. 68 on unsecured loans from a partner and capital introduction, holding that the assessee had sufficient cause for not producing evidence earlier due to absence of its accountant and AR. The Tribunal directed CIT(A) to admit the additional evidence and pass a fresh, reasoned order on both issues after considering all material and submissions. On the objection that addition to partner's capital was beyond the scope of limited scrutiny, ITAT held deletion could not be granted in absence of proof of non-conversion to complete scrutiny, but allowed the assessee to raise this issue before AO. All grounds were allowed for statistical purposes. Case-Laws Income Tax Mon, 03 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782298