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Income Tax - Highlights / Catch Notes

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Addition u/s 68 - taxation u/s 115BBE - the assessee vehemently ...

Case Laws     Income Tax

October 30, 2023

Addition u/s 68 - taxation u/s 115BBE - the assessee vehemently argued that the assessee has already repaid the entire loan amount of 14 lenders, the details of whom were furnished by assessee in a chart - There is no allegation of assessing officer that any of such lenders/ creditors are part of syndicate of accommodation entry provider. - Additions deleted - AT

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