Income Tax Appeal: Section 68 Addition Modified to Section 69 for Loan Repayment; Assessee Meets Burden of Proof.

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....Addition u/s.68 - CIT(A) has changed the addition to section 69 - when the assessee has repaid the loans by cheques which has in cash to the respective parties, and the assessee has furnished complete details and address, and thus the assessee has discharged the onus u/s.68 of the Act, hence addition is not sustainable in law.....