Unsecured loan obtained from companies u/s 68 – Creditworthiness ...
High Court Rules Unsecured Loan Allegations u/s 68 Unfounded Due to Lack of Concrete Evidence Against Assessee.
August 20, 2014
Case Laws Income Tax HC
Unsecured loan obtained from companies u/s 68 – Creditworthiness and genuineness of transaction – assessee was rerouting its own funds was based on surmise - no addition - HC
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