TaxTMI 
TaxTMI 
Revenue's Contradictory Stance on NRI Loans Leads to Deletion of Section 68 Additions for Assessee.
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....Addition u/s 68 - Loans taken from non-resident Indians - the Revenue has taken the contradictory stand in two different assessment years. - No allegation of the Revenue that the assessee has provided funds from his unaccounted fund to the lenders to get its unaccounted fund in the accounting form - Addisons deleted - AT....