Addition u/s 68 - accommodation entry receipts - Had there been ...

Revenue's Duty to Verify Loan Repayment Claims u/s 68: Did They Fulfill Their Obligation?

May 6, 2022

Case Laws Income Tax AT

Addition u/s 68 - accommodation entry receipts - Had there been any doubt by the Revenue on the repayment of the loan as claimed by the assessee, it was the duty of the revenue to carry out the necessary verification. It is for the reason that the assessee has discharged its onus by furnishing the necessary details in support of the repayment of the loan. - AT

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Addition u/s 68 - accommodation entry receipts - Had there been ...

Revenue's Duty to Verify Loan Repayment Claims u/s 68: Did They Fulfill Their Obligation?

May 6, 2022

Case Laws Income Tax AT

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