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2018 (11) TMI 593 - ITAT MUMBAIAddition u/s 68 - assessee has provided the source of immediate credit by entering into the bank accounts of the loan credits - Held that:- As gone through the facts in entirety that these loan credits have advanced the money after taking loan or whatever receipts from other parties by account payee cheque. The assessee has explained the immediate source of the entry and source of source cannot be asked for. Hence, delete the addition of unsecured loans and allow the appeal of the assessee.
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