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No Addition Made w.r.t. Loans u/s 68 of Income Tax Act: ITAT deletes Disallowance of Interest Claim [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) deleted the disallowance of interest claim, on the ground that no addition was made with...

No Addition Made w.r.t. Loans u/s 68 of Income Tax Act: ITAT deletes Disallowance of Interest Claim [Read Order]
The ITAT allowed the claim of interest on loans taken in earlier years and deleted the ₹3 lakh disallowance of interest claim made by the AO. The loans were from six parties, and the assessee furnished documentary evidence