Genuineness and Creditworthiness of Creditor proven with Bank Statement and Other Evidence, Income Addition u/s 68 not allowable: ITAT*

Clipped from: https://www.taxscan.in/genuineness-and-creditworthiness-of-creditor-proven-with-bank-statement-and-other-evidence-income-addition-u-s-68-not-allowable-itat/237784/?utm_source=izooto&utm_medium=push_notifications&utm_campaign=68 By Yogitha S. Yogesh – On December 25, 2022 8:01 am The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that income addition under section

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