ITAT Remands Rs 1.90 Crore Section 68 Unexplained Cash Credit Addition Case, Granting Taxpayer Another Chance to Prove Loan Genuineness:

ITAT Remands Rs 1.90 Crore Section 68 Unexplained Cash Credit Addition Case, Granting Taxpayer Another Chance to Prove Loan Genuineness

ITAT restored Rs 1.90 Crore Section 68 addition case to AO for fresh adjudication, allowing fresh opportunity to submit evidence proving loan genuineness.

ITAT Allows to Submit Fresh Evidence

authorSaloni KumaridateAug 6, 2026
Last update on Aug 6, 2026
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ITAT Remands Rs 1.90 Crore Section 68 Unexplained Cash Credit Addition Case, Granting Taxpayer Another Chance to Prove Loan Genuineness

ITAT restored Rs 1.90 Crore Section 68 addition case to AO for fresh adjudication, allowing fresh opportunity to submit evidence proving loan genuineness.

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Saloni Kumari

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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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