Loan Addition Deleted Because Amount Was Repaid in Same Year

Mirabelle Tradecomm Private Limited Vs ITO (ITAT Kolkata)

Loan Squared Up in Same Year Can’t Be Branded Bogus: Kolkata ITAT Deletes ₹8 Lakh u/s 68 Despite ‘High Risk’ Tag

Kolkata ITAT ‘SMC’ Bench in Mirabelle Tradecomm Pvt. Ltd. Vs. ITO [ITA No. 1946/KOL/2025, AY 2018-19, order dated 31.12.2025] allowed Assessee’s appeal and deleted addition of ₹8,00,000 made u/s 68 and taxed u/s 115BBE. Assessee-company, engaged in inves

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