TaxTMI 
TaxTMI 
Unexplained Cash Credits u/s 68: Assessee's Unsecured Loan from Suspected Shell Entities Leads to Income Additions.
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....Unexplained cash credit u/s.68 - unsecured loan taken - the assessee has maintained stoic silence on being told about these lenders being alleged to be shell entities, thus not inclined to believe that these are genuine business transactions - additions confirmed - AT....