ITAT Orders Fresh Adjudication in Rs 3 Lakh Unexplained Unsecured Loan Case After Condonation of 3558-Day Delay:
ITAT condoned a 3558-day delay, citing genuine hardship, and remanded the Rs 3 lakh Section 68 unexplained loan addition to the AO for fresh adjudication.
Genuine Hardship Saves Appeal: ITAT Restores Section 68 Loan Dispute
Saloni Kumari
Aug 23, 2026Premium
ITAT Orders Fresh Adjudication in Rs 3 Lakh Unexplained Unsecured Loan Case After Condonation of 3558-Day Delay
ITAT condoned a 3558-day delay, citing genuine hardship, and remanded the Rs 3 lakh Section 68 unexplained loan addition to the AO for fresh adjudication.
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Saloni Kumari
Content Writer
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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Delhi, Delhi, India
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