Unsecured Loan Claims Need Verification, Rules Mumbai ITAT in Property Investment Case:

Unsecured Loan Claims Need Verification, Rules Mumbai ITAT in Property Investment Case

ITAT ruled that unsecured loan claims require proper documentary verification and sent the matter back to the AO to verify Rs 45.16 lakh invested in property.

Mere Loan Confirmations Insufficient, Says ITAT

authorVanshika vermadateJun 2, 2026
Last update on Jul 23, 2026
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Unsecured Loan Claims Need Verification, Rules Mumbai ITAT in Property Investment Case

ITAT ruled that unsecured loan claims require proper documentary verification and sent the matter back to the AO to verify Rs 45.16 lakh invested in property.

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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
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