ITAT Holds Loan Genuineness Supported by Documents and Banking Repayment:
The ITAT Mumbai held mere general allegations against lender cannot justify Section 68 Addition
ITAT Deletes Rs. 87 Lakh Section 68 Addition
Saima
Aug 26, 2026
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ITAT Holds Loan Genuineness Supported by Documents and Banking Repayment
The ITAT Mumbai held mere general allegations against lender cannot justify Section 68 Addition
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Saima
Content Writer
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
Saima is a Law graduate with a passion for research and content writing. She writes for Finance, Taxation and Legal Updates at Studycafe.in, simplifying complex legal decisions by the ITAT, High Court, AAR and GSTAT into uncomplicated and clear explanations.
StudyCafe
Delhi, Delhi, India
621My Recent Articles
- ITAT Upholds PCIT's Revisionary Order Under Section 263 for Fresh Verification
- ITAT Remands Reassessment to AO to Examine Validity of Notice Issued in Another Person’s Name
- ITAT Remands Section 80P Deduction Claim for Fresh Adjudication
- ITAT Remands Demonetisation Cash Deposit Case After Assessee Suffers Severe Fire Injuries
- ITAT Remands Rs 37.55 Lakh Unsecured Loan Addition for Fresh Adjudication
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