This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
ITAT Deletes Section 68 Addition as Assessee Proved Identity, Creditworthiness & Source of Source
Case Law Details
- Case Name
- Mahendra Enterprise Firm Vs ACIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Mahendra Enterprise Firm Vs ACIT (ITAT Mumbai)
ITAT Deletes Section 68 Addition Because Assessee Repaid Loan With Interest and Deducted TDS; Section 68 Addition Deleted Because Assessee Proved Identity, Creditworthiness and Genuineness: ITAT; ITAT Holds Addition Cannot Survive Because Revenue Relied Only on Suspicion Despite Documentary Evidence; Unsecured Loan Addition Deleted Because Assessee Also Explained Source of Source, Rules ITAT; ITAT Deletes Cash Credit Addition Because Loan Confirmation and Repayment Established Genuineness; Section 68 Addition Unsustainable Because...
Author Info
