Unexplained unsecured loan - By furnishing confirmation with ...
Court Rules: Appellant Proved Loan Validity; Further Investigation Required by Assessing Officer for Loan Authenticity.
February 24, 2014
Case Laws Income Tax AT
Unexplained unsecured loan - By furnishing confirmation with Pan, primary onus is discharged by the appellant - Onus thereafter shifts to the Assessing Officer to make further investigation and prove the credit non-genuine - AT
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