https://www.taxtmi.com/caselaws?id=783494 ITAT allowed the assessee's appeal for statistical purposes, holding that the additional evidence tendered before CIT(A) in relation to unsecured loans, including documents bearing on identity of lenders, genuineness of transactions and creditworthiness, was crucial and relevant for adjudication under s.68. The Tribunal observed that these materials required factual verification and, in the interest of justice, directed CIT(A) to admit the additional evidence and undertake a de novo adjudication in accordance with law. The impugned addition under s.68 was thus set aside and the matter remanded to CIT(A). en-us Fri, 12 Dec 2025 00:00:00 +0530 Wed, 17 Dec 2025 08:28:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783494 ITAT allowed the assessee's appeal for statistical purposes, holding that the additional evidence tendered before CIT(A) in relation to unsecured loans, including documents bearing on identity of lenders, genuineness of transactions and creditworthiness, was crucial and relevant for adjudication under s.68. The Tribunal observed that these materials required factual verification and, in the interest of justice, directed CIT(A) to admit the additional evidence and undertake a de novo adjudication in accordance with law. The impugned addition under s.68 was thus set aside and the matter remanded to CIT(A). Case-Laws Income Tax Fri, 12 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783494