Assessee has received  unsecured loan. The assessee has provided  lender’s confirmation, PAN, and proof of transactions through regular banking channels. However, despite issuance and service of a summons under Section 131 by Assessing Officer, lender did not respond.  Assessing Officer treated loan as an unexplained cash credit. CIT(A)  confirmed the order of the AO. On appeal the Tribunal  held  that the  assessee had furnished necessary documents to prove 3 ingredients of section 68 i.e. identity of creditors, genuineness of transaction and creditworthiness of lenders and lender was duly assessed to tax and had even furnished confirmation and loan was received by assessee in regular banking channels.Merely because summons had not been responded by said lender, no adverse inference could be drawn on assessee. Addition is deleted.(AY.  2015-16)