Income Tax | Repaid Bank Loans Cannot Be Treated as Unexplained Credits: Gujarat HC
Gujarat HC upholds deletion of Section 68 addition where loans were received and repaid through banking channels and evidence established genuineness. The post Repaid Bank Loans Cannot Be Treated as Unexplained Credits: Gujarat HC 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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