Addition u/s 68 as unsecured loan received from one of its ...
Director's Unsecured Loan to Assessee Lacks Proof of Creditworthiness, Confirmed Addition u/s 68 of Income Tax Act.
November 19, 2015
Case Laws Income Tax AT
Addition u/s 68 as unsecured loan received from one of its directors - assessee has not been able to establish the creditworthiness of the director of the company who has purportedly extended loan - Additions confirmed - AT
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