Tribunal held that the assessee has proved identity, creditworthiness of lender and genuineness of transaction proved beyond doubt. Addition is deleted. (AY.2008-09)
Birla Transasia Carpets Ltd. v. Dy. CIT (2023)107 ITR 472 (Delhi) (Trib)
S. 68 : Cash credits-Unsecured loans-Identity, creditworthiness of lender and genuineness of transaction proved beyond doubt-Addition is deleted.