184 results for “section 68”+ Section 156(3)clear
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Bench: Dr. B.R.R. Kumar, Vice-Ms. Suchitra R. Kamblesn
156 taxmann.com 75), it was held that where the unsecured loan was repaid within the same year through banking channels, the addition under section 68 was wholly unwarranted. The Surat Tribunal in Rajhans Construction Pvt. Ltd. v. ACIT (140 taxmann.com 370) also held that repayment of loan within a short span of time, along with interest, goes