Loan Additions Confirmed: Assessee Fails to Prove Genuineness of Farmer Creditors' Transactions, Lacks Satisfactory Evidence.

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....Addition of loan creditors - loan from farmers (having agriculture income) - AO has categorically mentioned that all of them are uneducated and having meagre agricultural land and some of them are having savings account with no balance - there is no satisfactory evidence about the credit worthiness of the creditors. We are of the view that the assessee failed to establish about the genuineness of the loan transactions except filing the affidavits. - Additions confirmed. - AT....