ITAT Deletes Section 68 Addition on Director Loans Supported by Evidence:
The ITAT upholds deletion of loan, bad debt and estimated profit additions in Revenue appeals.
Tribunal Rejects Arbitrary Profit Estimation And Upholds Relief On Director Loans
Meetu Kumari
Jul 5, 2026Premium
ITAT Deletes Section 68 Addition on Director Loans Supported by Evidence
The ITAT upholds deletion of loan, bad debt and estimated profit additions in Revenue appeals.
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Meetu Kumari
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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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Jodhpur, Rajasthan, India
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