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Income Tax | Creditors’ Non-Response Alone Cannot Sustain Section 68 Addition: ITAT Jaipur

17 Oct 2026 · 1d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Jaipur deleted ₹2.70 crore loan addition and ₹36.83 lakh interest disallowance, admitting a novation agreement under Rule 46A. The post Creditors’ Non-Response Alone Cannot Sustain Section 68 Addition: ITAT Jaipur appeared first on TaxGuru .

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Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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