Creditworthiness of creditor couldn't be established merely because loan was taken through banking channel

INCOME TAX: Where AO made addition to assessee's income under section 69 in respect of purchase of property, even though assessee stated that he had taken loan from one 'R' through banking channels to purchase said property, yet in view of failure of assessee to satisfactorily explain source of investment in said property at any stage, impugned order passed by authorities below did not require any interference

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