Addition u/s 68 - Unsecured Loan - merely filing Nil return by ...
Case Laws Income Tax
July 13, 2020
Addition u/s 68 - Unsecured Loan - merely filing Nil return by lender, if the sources are clearly established with overwhelming evidences of the bank statements of all the concerned parties duly supported by the annual accounts, cannot lead to addition in the hands of the borrower.
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