Sec. 68 additions justified if assessee failed to produce lender-bank for verification; SLP dismissed

IT: SLP dismissed against High Court ruling that where assessee received loan from two companies, in view of fact that on date assessee was given loan there were credit entries of almost similar amounts and balance after these transactions was a small amount and moreover assessee failed to produce these lenders for verification, impugned amount was rightly brought to tax under section 68

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