ITAT Says Identity and Creditworthiness Irrelevant Where Loan Was Directly Paid to Haryana Mining Department:
The ITAT deleted Section 68 addition, holding that unsecured loan amounts directly paid to the Haryana Mining Department through banking channels do not require examination of identity or creditworthiness.
ITAT Deletes Rs 3 Crore Section 68 Addition
Saloni Kumari
Jul 26, 2026
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ITAT Says Identity and Creditworthiness Irrelevant Where Loan Was Directly Paid to Haryana Mining Department
The ITAT deleted Section 68 addition, holding that unsecured loan amounts directly paid to the Haryana Mining Department through banking channels do not require examination of identity or creditworthiness.
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About Author
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].
StudyCafe
Delhi, Delhi, India
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