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2013 (6) TMI 659 - ITAT DELHIUnaccounted cash credit - CIT(A) deleted addition - Held that:- As decided in assessee's own case in AY 2002-03 & 2003-04 stating that assessee has submitted proper documents & credentials before the authorities below. The assessee has taken the loans from banking channel in the normal business transactions. The assessee company has paid interest on these loans during the year and also deducted TDS on the interest at stipulated rates as prescribed under the Income Tax Act. As CIT (A) has given a finding that the loans were totally repaid in subsequent years no infirmity in the order of CIT(A). In favour of assessee.
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