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2019 (7) TMI 1968 - ITAT CUTTACKUnsecured loan - CIT(A) also confirmed the action of the AO as the assessee failed to comply with the direction of the Tribunal to produce all the loan creditor - HELD THAT:- At the time of hearing, when asked by the Bench, why the direction of the Tribunal was not complied with by the assessee, assessee did not give any satisfactory reply. We find that in the first round of proceedings, Tribunal has directed the assessee to produce all the creditors before the AO to confirm with the evidences that the amount has been repaid. Assessee has failed to produce all the creditors before the AO, therefore, the addition was again confirmed and was upheld by the CIT(A). We see no reason to interfere with the order of the CIT(A) and dismiss the ground of appeal of the assessee.
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