https://www.taxtmi.com/caselaws?id=788343 ITAT directed remand for specific verification because the AO failed to verify creditworthiness, genuineness and repayment of fresh unsecured loans of Rs. 3,63,73,694 despite lender confirmations and some ITRs; the CIT(A) had deleted additions based on the remand report but the Tribunal found that deletion unsustainable without the AO's specific findings and therefore set aside the deletion for fresh adjudication. The consequential deletion of interest likewise requires fresh adjudication after the AO reports on those specific verifications. The appeal was allowed for statistical purposes in favour of the Revenue and remanded to CIT(A). en-us Tue, 03 Feb 2026 00:00:00 +0530 Fri, 20 Mar 2026 08:35:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788343 ITAT directed remand for specific verification because the AO failed to verify creditworthiness, genuineness and repayment of fresh unsecured loans of Rs. 3,63,73,694 despite lender confirmations and some ITRs; the CIT(A) had deleted additions based on the remand report but the Tribunal found that deletion unsustainable without the AO's specific findings and therefore set aside the deletion for fresh adjudication. The consequential deletion of interest likewise requires fresh adjudication after the AO reports on those specific verifications. The appeal was allowed for statistical purposes in favour of the Revenue and remanded to CIT(A). Case-Laws Income Tax Tue, 03 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788343