
Once loans is repaid in subsequent years, addition u/s 68 cannot be made
December 21, 2025
Income Tax, ITAT
Once loans were repaid in subsequent assessment years with cogent evidences then the addition u/s 68 of the Income Tax Act cannot be made – ITAT Guwahati In a recent judgment, ITAT Guwahati has held that once the assessee has established that loans were repaid in the subsequent …

