High Court Dismisses Revenue's Appeal; Section 68 Addition for Unexplained Cash Credit Deleted Due to Compliance.

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....Addition u/s 68 - unexplained cash credit in the nature of unsecured loan received from three entities - tribunal deleted the addition - All the ingredients contemplated under Section 68 have been duly satisfied on the aspect of identity of the creditors, genuineness of the transactions and their creditworthiness - revenue appeal dismissed - HC....