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2015 (8) TMI 839 - AT - Income TaxUnsecured loan as unexplained cash credit u/s.68 - Held that:- Considering the contention of the assessee that the assessee had furnished PANs, addresses, etc. to prove the identity, genuineness of the transaction and creditworthiness of the depositors. We find that the assessee has filed PANs, addresses, etc. for demonstrating that the depositors were assessed to tax. In view of the case-laws as relied upon by assessee more particularly judgement of Hon’ble Jurisdictional High Court in the case of CIT vs. Dharamdev Finance (P.) Ltd. reported at (2014 (4) TMI 1005 - GUJARAT HIGH COURT) . Therefore, we direct the AO to delete the addition. - Decided in favour of assessee
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