Addition on account of un-explained loan - assessee discharged ...

Assessee Proves Investor's Identity and Credibility, Avoids Additions for Unexplained Loan in Transaction Case.

October 17, 2018

Case Laws Income Tax AT

Addition on account of un-explained loan - assessee discharged its initial onus to prove the identity of the investor company, its creditworthiness and genuineness of the transaction in the matter - No additions.

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Addition on account of un-explained loan - assessee discharged ...

Assessee Proves Investor's Identity and Credibility, Avoids Additions for Unexplained Loan in Transaction Case.

October 17, 2018

Case Laws Income Tax AT

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