Additions u/s 68 - Unsecured loans - The source of such credit ...

High Court Upholds Additions u/s 68 Due to Unproven Credit Source Despite Creditor Identity Being Established.

September 20, 2023

Case Laws Income Tax HC

Additions u/s 68 - Unsecured loans - The source of such credit was not proved before the authority. Hence, though the identity of the creditor was proved, neither was the creditworthiness of the creditor nor the genuineness of the transaction established. - Additions confirmed - HC

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Additions u/s 68 - Unsecured loans - The source of such credit ...

High Court Upholds Additions u/s 68 Due to Unproven Credit Source Despite Creditor Identity Being Established.

September 20, 2023

Case Laws Income Tax HC

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