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Income Tax | Documented Loan Repayment Defeats Bogus Loan Addition: ITAT Mumbai

14 Oct 2026 · 3d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Mumbai upholds deletion of ₹50 lakh loan addition and ₹4.5 lakh interest addition, relying on banking records and loan repayment evidence. The post Documented Loan Repayment Defeats Bogus Loan Addition: ITAT Mumbai appeared first on TaxGuru .

Attribution

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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