Case Law Details
Case Name : ACIT Vs Narayan Dalpatram Thakkar (ITAT Mumbai)
Related Assessment Year : 2008-09
Courts :
All ITAT ITAT Mumbai
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ACIT Vs Narayan Dalpatram Thakkar (ITAT Mumbai)
Alleged Bogus Loan Deletion Upheld: ITAT Confirms Genuineness of Loans with Full Documentation; Investigation Report Overruled: ITAT Deletes ₹65 Lakh Addition Due to Lack of Independent AO Verification; Unsecured Loans Genuine: ITAT Confirms Deletion of Section 68 Addition as Lenders Were Active Assessees; Interest Disallowance Removed: ITAT Deletes ₹69C Addition Consequential to Genuine Loan Finding; Loan from Alleged Entry Providers Found Genuine – ITAT Mumbai Dele Please become a Premium member. If you are already a Premium member, login here to access the full content.
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