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2021 (10) TMI 968 - AT - Income TaxAddition u/s 68 - Unexplained unsecured loans - assessee challenged the addition claiming that these were business loans - assessee argued as no adequate opportunity provided to prove the claim - HELD THAT:- It is seen that as per record more than adequate opportunity had been made available to the assessee before the Assessing Officer and similarly even before the Ld. CIT(A) there was adequate opportunity and now even before the ITAT the assessee has been given more than adequate opportunity and still no evidence has been placed by the assessee to assail let alone effectively assail the findings arrived at. Accordingly, considering the facts as available and the position of law no interference in the impugned order is warranted. - Decided against assessee.
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