Held that the assessee failed to produce the bank accounts of the parties but also made no attempt to place on record copies of the lenders’ bank accounts as additional evidence. The order of the CIT(A) is affirmed. (AY.2012-13)
Santosh Chopra v. ITO (2024)116 ITR 699 (Raipur)(Trib)
S. 68 : Cash credits-Unsecured loans-Failure to discharge the burden-Addition is affirmed. [S.131, 133(6)]