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Income Tax | Loan-to-Equity Conversion and Explained Demonetisation Deposits Not Taxable Under Section 68: ITAT Delhi

30 Sept 2026 · 30 Sept 2026By CA Vijayakumar ShettySource: TaxGuru

ITAT Delhi deletes ₹49 lakh share-capital and ₹1.46 crore cash-deposit additions after accepting loan conversion and debtor collections. The post Loan-to-Equity Conversion and Explained Demonetisation Deposits Not Taxable Under Section 68: ITAT Delhi appeared first on TaxGuru .

Attribution

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

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