https://www.taxtmi.com/caselaws?id=791361 In a section 260A appeal, concurrent findings that an assessee has proved the identity, creditworthiness and genuineness of an unsecured loan creditor under section 68 will not be disturbed absent perversity or misreading of evidence. The record referred to PAN details, income-tax returns, bank statements, audited accounts, NBFC registration, TDS records and repayment through banking channels, which supported discharge of the section 68 onus. The appeal was also barred from merits consideration because the proposed questions were factual and the tax effect was below the prescribed CBDT monetary limit. en-us Thu, 07 May 2026 00:00:00 +0530 Sat, 09 May 2026 07:13:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791361 In a section 260A appeal, concurrent findings that an assessee has proved the identity, creditworthiness and genuineness of an unsecured loan creditor under section 68 will not be disturbed absent perversity or misreading of evidence. The record referred to PAN details, income-tax returns, bank statements, audited accounts, NBFC registration, TDS records and repayment through banking channels, which supported discharge of the section 68 onus. The appeal was also barred from merits consideration because the proposed questions were factual and the tax effect was below the prescribed CBDT monetary limit. Case-Laws Income Tax Thu, 07 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791361